muss3rwilliam

BTC Current Direction still looks bearish.

With all of the negative world news I would say combined with fear BTC should continue on this bearish downtrend I've shown the direction I think BTC will take before hitting the bottom of market potential price. It looks like 26ish k in addition it appears the MM is pushing the market to think bearish while the current bear ceiling is still holding VERY strong. I will sit back and wait for the smoke to clear before a re entry investors in all assets appear to be VERY scared still and un willing to commit to risky assets at the moment. The top of range appearing to be around 44k and the bottom around 28 to 26k. If BTC were to go bullish I would need to see a break above 45k and probably a continuation to 50k with a retrace and show of support back at 45k this would confirm a good uptrend and send positive feedback that we can maybe hit 70k to 80k.

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