Ehi guys, this is busywithcrypto team.
Today we will discuss about BTC and why we are really really bearish in this moment!
As you can see BTC broke the black trendline like it did in may. we can see like we have also the green trend line that is the resistance on the upside and BTC touched it perfectly in the 8500 region about a week ago. In the past few days we saw like btc crashed really really hard and now we're seeing a little correction that would take us to probably 6650 maximum, but i think we're going down and we won't touch 6650. anyway like you can see the rsi is about to be oversold and BTC will go oversold in the next days... so now we need to stay calm and concentrated on btc cause it has a big dominance and it will determined the entire market! so now stay focus on this one!
We will broke the 6k region and then probably the 5k, and this will be the last downside movement!
This is all for now, have a good day guys, see you later!!
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ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
Today we will discuss about BTC and why we are really really bearish in this moment!
As you can see BTC broke the black trendline like it did in may. we can see like we have also the green trend line that is the resistance on the upside and BTC touched it perfectly in the 8500 region about a week ago. In the past few days we saw like btc crashed really really hard and now we're seeing a little correction that would take us to probably 6650 maximum, but i think we're going down and we won't touch 6650. anyway like you can see the rsi is about to be oversold and BTC will go oversold in the next days... so now we need to stay calm and concentrated on btc cause it has a big dominance and it will determined the entire market! so now stay focus on this one!
We will broke the 6k region and then probably the 5k, and this will be the last downside movement!
This is all for now, have a good day guys, see you later!!
Follow us:
twitter: twitter.com/BusyCrypto
instagram: busywithcrypto
Telegram: t.me/busywithcrypto
If you're making money with our analysis, support us :)
ETH: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
BTC: 193KFu1CXmwTcZWusGNv2XCUYQMkZbGevp
DENT: 0x22e1176cA87C6CBa224d8de0f5E892a7Bd1409ea
LTC: LSYmoADYJYjp2TNQ4zrVScqm42qtM3z1he
Comment:
As you can see we're in this downtrend channel and we will stay here for a while and we can see some fast upside movement and then we will go down.. now BTC has a resistance at 6100 and when we will broke this one we will fall lower
Comment:
in the weekly we're going to broke this big triangle and when we will break this one we will fall hard and i think the best target will be from 4900 to 4500 region!