BTC drop is near. 2-4 days left.
BTC is trapped between weekly 200 ma and 200 ema. Looks like price gonna drop, there is no chance it will break resistance. Breaking for few hours or days doesnt count. We talking here about weekly chart, so at least 1 week should be above black line. Then would be great idea to buy some btc/alts. But im realist and i almost know it will drop because of 200 weekly EMA resistance.
Note
Volume goes lower and lower. Looks like it might go sideways and be more then 2-4 days before going down. Anyway it will. I guess to 3450$ level. Even I not so bearish to think that BTC will drop bellow support.Note
THE END IS NEAR.Note
iF PRICE SURPASS 4100$ - then next resistance is 4250$ which will be even stronger then weekly 200 EMA
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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.