FoxCharts

Crazy Bitcoin update

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FoxCharts Updated   
BITSTAMP:BTCUSD   Bitcoin
So far my idea is still looking good... From 50k to 30k done :) Is my idea of buying at 10k reallistic ? I dont know... But I am pretty sure longs in bitcoin arent good idea right now.

If we close today or next few days below 30 000 area, boy oh boy... There is nothing to hold bitcoin. Next area would be 20 000. Even if bounce from 30k, 40k area is now strong resistance... Only if we close above 40 000, we can speculate about buying.

As I say, there is beauty in simplicity. And I really love round numbers... Just look at the chart.

PS: If we close below 20k, then my target of 8k - 12k would best opportunity to buy for me :)

But remember, this is not financial advice... It's just an idea ;)

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Comment:
Worked perfectly :)
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