BTC - Consolidation still in progress

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Second day of consolidation for the BTC. I don't like so much this little up because it could be considered as a bullish volume not enough to continue the UP but let's stay positive and wait to see in which direction the next Break Out will be. Let's hope we will break again the resistance line around 3950$.

I wish you massive profits,
Cryptopassion.io

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I am buying as much as I can! Consolidation means accumulation!

Yes most of teh time it means that, just keep some money in the case we didn't do yet the low ;)

A black swan event could cause a violent surge upward! Bitcoin in Venezuela could be a warm up to an even bigger event. Its possible we may test 3100 again for a double bottom but with such a low quantity of coins we may never see low 3000s again.

Everything is possible. If someone was sure, it would be really easy to make fortune. So yeah propabilities are for the up, it doesn't mean that it will happen for sure.

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