Hello friends,
today I will have a look at the big dump of approximately 8% and what this means for the BTC price.
THE GOLDEN POCKET
This is the third time that the BTC-price has dumped after reaching the golden pocket (0.618-0.65 fib retracement lines) The last 2 times we saw a big dump after this happened. The first one was a dump of 37% , the second one was...
Hello everyone.
This is my first ever post. I take a look at the weekly bitcoin chart and discuss why I think that the market will go down.
BEARISH
Signs
-the chart bounced back of the 3-year resistance, which is usually followed by a big dump.
- The stochastic indicator is overbought and you can see a similar pattern forming as the one right before the big...