BuyTheDip

BuyTheDip Updated 

Hello, Since we first bounced right on the support yesterday, I think we are due to test at least $7500 next week. If we break the downtrend trendline that we are following since the start of this beartrend, I'm thinking about ~$11.500 where we got quiete some support. Otherwise, if we break down, we seems due to retest ~3-4k.

BuyTheDip

Bitcoin is on a downtrend channel since nearly the beginning of the dump. I expect it to bounce somewhere between 1600-1800$ and hope for a trend reversal. I'm going long when the price will break the channel.