chrislight19

BTC the coming days

Short
chrislight19 Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Well the time is here. It took longer than I had expected, but it looks like BTC will continue to do some much needed correction. With all the records in the market and its price, I am impressed it stayed so strong so long. I think it is going to fall into the 3350-3450 range and probably go side ways after that. I think the there will be another drop possibly into the 2500-2800 range depending on how long all this takes to unfold. Beware astronauts.... Good Luck out there!
Comment:
It is dropping faster than I expected, look for support at 3091, 2370. I can see the support at 2370 being a good bottom, if it breaks 3091. You still see those support lines in the light blue on my chart

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.