Hello guys! As you can see bitcoin is repeating itself perfectly and it's consolidating in 3200-4500 range exactly like in 6000-6800 range. This never ending boring sideways action clearly signalling upcoming violent move (sooner or later). I am almost sure that capitulation is NOT behind us but before us and it's closer and closer. IMHO bottom can be anywhere between 3K - 800 USD/BTC. Breakdown below this range and below 3K with significant amount of volume would be perfect sell opportunity! The end of falling is near..
Take care!
-DP-
Take care!
-DP-
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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.