First, I would like to thank those that like my posts and support my ideas I appreciate you. If you could like this and before I go into detail I would appreciate it.
Bitcoin reversing on a level I had marked at the 8370 area. Expecting an almost 30% downward move to the 5870 area.
The reason for this being that Bitcoin is maintaining its downward momentum.
I don't usually use MACD in my analyses, however, here you can see that it is showing signs of reversal and making lower highs along with price.
Bitcoin should drop lower and I expect it (From my Previous Analyses), ultimately, to drop down to the 4500ish level.
Again, Thank You all for your likes and comments. Feel free to leave your own opinions and ideas so we can collaborate and share our thoughts.
Bitcoin reversing on a level I had marked at the 8370 area. Expecting an almost 30% downward move to the 5870 area.
The reason for this being that Bitcoin is maintaining its downward momentum.
I don't usually use MACD in my analyses, however, here you can see that it is showing signs of reversal and making lower highs along with price.
Bitcoin should drop lower and I expect it (From my Previous Analyses), ultimately, to drop down to the 4500ish level.
Again, Thank You all for your likes and comments. Feel free to leave your own opinions and ideas so we can collaborate and share our thoughts.
