BTC is heading lower. My new targets are $5000 and $3000. Around these levels we could see some stronger resistance. At the moment I only see further short opportunities.
In DEC 2017 I called BTC would dump to $6000. We touched that with absolute precision. The second leg down was targeted at $6650 when we had small resistance. Now I’m shorting this one more time, target $5000, but with some more panic around, we could see lower prices before we move up again.
In DEC 2017 I called BTC would dump to $6000. We touched that with absolute precision. The second leg down was targeted at $6650 when we had small resistance. Now I’m shorting this one more time, target $5000, but with some more panic around, we could see lower prices before we move up again.
Note
Exactly on support at 5770. Now its time to see if we get the next move down to $5000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.