#BTC
Since 28 Nov when btc hit $4350 and some people say moon rest call 4600/5100
we set our expectations and analysis and said if btc fail to close above $4350 we expect to drop to $3000/2750
and at every update we shared since this time we keep say our expectation still active, it will be failing if btc closing above $4350 daily, btc move now at $3380 -24% since our prediction
We continue to remind people about our expectation with updates and analyses last one was from $4110 Btc loss about 20% of his value since this updates
Since 16 Hour we set the last update for our buy levels and this comes with a capital management plan
as you know we expect a good bounce from this weekly support at $3000/2750 let us watch what will happen
we ask Allah reconcile and repay
Note
this buying does not mean moon after that
as we said before, as long as btc move below $6500$7000 without close weekly above this levels, Btc able to dip many times this just normal trade as like any trade
So be sure you follow capital management
if you ask where the bottom
as we said before the bottom It could be
$3500 /$3000/$2750
a Major Support at weekly frame
$2000/1850
a Major Support at weekly frame
$1250 Major Monthly Support
Closing below it monthly will confirm a new dips, new bearish trend, new trading zone
$850
$750
$500
so this signal maybe fail for that we try to extract lower risk with the best reward from the chart
Good luck to all.
The Wild Crypto™,
We ask Allah reconcile and repay