BTC - Will we test soon the previous lowsteemCreated with Sketch.

in #bitcoin5 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

We are still decreasing slowly in the direction of the support line around 3300$. Is it a so bad news? I will be honnest, NO, I don't think so. We can see clearly that we don't have big volume currently and that the decreasing is very light and not powerfull. So even if we touch that support line, I don't expect that we will break it and so if it is not broken, we will have a bounce from it. So if we stay positive, we can imagine that this bounce will confirm that the low has been reached on the BTC. Let's see...

I wish you massive profits,
Cryptopassion.io

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Legal Disclaimer : Never invest more than what you can afford to lose. I am not a financial advisor and the content in this article is not a financial advice. This post is for informational purposes only and provides only my personal opinion. It is important that you do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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Just think, being able to by BTC at $1k, again
O.O

Posted using Partiko iOS

mmmm to be honnest this the worst scenario in my head, that we will go test the support line created by the previous big UP around 1300$ so yeah your scenario is not impossible.

I honestly think the bottom is in now it will not drop below $3k.

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