Bitcoin is in ranged move between...

Hi everyone

BTC price stopped dropping below the yellow trend line as I expected in my last update.

now we can expect a limited move upward to touch the long term trend line (blue) again to

complete a M pattern, after that may drop towards our mid term trend line(yellow) one more time.

so seems price trapped between this two important lines for a while.

as I mentioned in my last BTC publish technically BTC must be bullish but if any abnormal happening

occur through the market all market will drop again so...

dropping below the yellow trend line and 39000$ support level is bearish. Lets see



Enjoy the market

Trade geschlossen: Stop wurde erreicht:

stop hit so need to stop buy trading unless move back above our yellow trend line
or above 39K resistant level again.

Kommentar:

important support levels.