At this time, I can see that BTC have 2 possibilities can happen :
1. Following Red Arrow
If 9600$-9650$ is strong enough, BTC will go up to 11000$ til Oct 3rd
2. Following Pink Arrows
If 9600$ can't stop this dump, BTC will meet 9050$-9100$ in just today or tomorrow and it will bounce back slowly to 10000$ to find an opportunity to come back 10600$, but if fails...
So Bitcoin has fallen a couple hundred dollars. Was it inevatable? In my opinion, yes it was, we had to go south, we had to retrace a bit, before further upwards movement. BUT we see alot is going on recently. We see A bearflag printed, Most TV analist are Bearish AF, and guess what i can;t blame them, the teether fud, the bearflag, the hidden bearish divergence,...
BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
