lemelgar

Good news, bad news and when to worry

Long
COINBASE:BTCUSD   Bitcoin
Looking at todays BTC drop from the distance, is clear that the price is at the middle of where it should be.

Expected short term scenario: BTC will remain as is, close to 7200 as it 's the current resistance.

Worst Case scenario: Brace for a speedy ride. It can bottom 4000

Best Case (I'm leaning for it): We have reached the 7200 resistance and we will see a bump soon.

Will update it through the day.

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