Bitcoin Price Action analysis - Market Cycle
Updated
There's not a lot to say, Market is in accumulation, im not expecting big moves over 10k so easy at least not before October. and if it Goes over 10k, maybe 12k would be my target and then we could see another test of the market in the 7kish and a Max Low Point in the 4.5k ish, I don't see bitcoin going lower than that, after that I will be expecting the next Bull Run for 2019.
In the Short and Mid term im Bearish, Bullish on the Long way. Sell Pressure is big and there is a lot of resistances to be broken before a bull run. In the meantime we can accumulate sats.
Good Luck
Note: This is just an opinion and personal analysis, is not a financial advice and it's not mean to be as a financial advice!.
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In the Short and Mid term im Bearish, Bullish on the Long way. Sell Pressure is big and there is a lot of resistances to be broken before a bull run. In the meantime we can accumulate sats.
Good Luck
Note: This is just an opinion and personal analysis, is not a financial advice and it's not mean to be as a financial advice!.
If you liked the idea then give it the Thumbs up, (Y)
Note
As far as this is concerned, #1st possible turning point has come already, so we need to keep an eye on this because the next possible turning point of the market would be in the 4kish...Good luck
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Español!No hay mucho que decir. El mercado esta en Acumulación, No estoy esperando grandes movimientos sobre los 10k tan fácilmente, al menos no antes de Octubre. Y, si supera los 10k, quizás 12k seria mi objetivo, para luego ver un nuevo Test del mercado en la zona de los 7k y como punto minimo en los 4.5k, no logro ver al bitcoin yendo por debajo de eso, Salvo que siga los niveles de Fibonacci y llegue a los 0.786% en los 4.2k, Después de eso podría comenzar a esperar un Bull Run para 2019.
En el corto-mediano plazo me mantengo Bajista, y Alcista en el Largo plazo. La presión de Venta es grande hay muchas resistencias a romper antes que haya un Bull Run. En el entretiempo nosotros acumularemos.
Buena suerte
Nota: Esta es solo una opinion y analisis personal, no es consejo financiero y no pretende serlo.
comentario: Hasta ahora, punto de retorno #1 ha llegado, ahora debemos mantener el ojo puesto en los siguientes pasos, el siguiente posible punto de retorno esta en los 4k.
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