Will Bitcoin be testing out yesterday's lows?steemCreated with Sketch.

in #bitcoin6 years ago

Blessings steemit friends😇
Just wanted to comment on the current price action of Bitcoin. Will Bitcoin go dashing thru the lows?

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I feel like the daily chart looks ominous. Will it retrace back to $12,500 to give it another leg to stand on?
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Was hoping for the $20-25,000 range to wake up to on the 25th of December. It's like a 50/50 shot which way this is going to go! Unfortunately my gut says it's got some retesting to do.

Peace and Prosperity

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yap I think you are right... Its already bellow the previous trend line (the slope)... Now it will form a new trend line I guess.. what u say??

Thanks for comment!
I just don't see it busting out of the down trend like I'd like to see it. Hoping it's going to be a great opportunity! Yesterday was incredible!

yap cause its bellow trend line if we see it in shorter time frame... after this dip it will be going up... for may be 1,2 days it may test this lower.. but in long run it will be going up as the upward trend is very strong in monthly and yearly time frames...

I just got out at 14900 for a small profit cuz I'm worried it's going back down and hoping it will drop below 14,700 any minute now!

Doh!

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