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The Bearish Measured Move

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BITSTAMP:BTCUSD   Bitcoin
Continuation targets for BTC below 6K are 5127 3552 1309 and 0
Lets see what happens in the next few months :)
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No decisive moves have been made, its anyone's guess but I still think we're going to see a new low (below 6K)
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Is this the part where people the likes of Warren Buffett, Rockefeller and George Soros enter the market?
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Still barely holding on
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still moving up within this channel.
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Still nothing to actually be that worried about, all the fud is unjustified until we lose this channel
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And even if we lose this channel and get a lower low after this we still have 3 daily fib levels, the daily 50 MA, the 4 hour 50 100 and 200 MA (who just bull crossed) and 2 big evens between now and a new low at 6K.
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Still trading within the channel
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Still not out of the woods
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The 3552 level seemed to have brought enough support, for now
Haftungsausschluss

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