DecryptoINC

bitcoin analysis

Long
BITFINEX:BTCUSD   Bitcoin
We are about 50~60% level compare to recent high 14k dollar level.
It mean if we are uptrend, it must hold this level to continue up trend.
However, this doesn't seems like before because we need much stronger bounce or come back.
This chart must scary chart for many people because it looks same as 6k to 3k chart last winter.
Yes, we might fall like 5.5~6.5k area but I think this time it could be fake pattern.
Just wait for a big candle with volumes and join the party, it won't be that late to get on the rocket once it reaches 10k level

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