Bitcoin will probably retest the 3300

in #bitcoin • 5 years ago (edited)

The run from the 3100s to the 4000s has now been exhausted right on this resistance line

image.png

and as we can see right after we started pumping up ...that means that the ultimate bottom for this bear market was on mid December 2018 at 3100s and so, to confirm that, I believe we will have to retest the last higher low at 3300s maybe a couple of times while staying below the 4200s

image.png

This is one scenario, the second scenario is a retest of the 5000s

image.png

Which is possible further down the line but as for right now I am with scenario 1...

...but only... Lord knows...


;)

#busy
5 years ago in #bitcoin by
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