Thoughts about Bitcoin (2019)

By comparing the fractals we get to find there is a lot much room left for Bitcoin to fall before we can again start the new Bull run. I have marked where I think the Accumulation floor can happen. 200EMA is acting as resistance for now and also we can see RSI is also facing a resistance. I would start buying once Bitcoin successfully can cross above 200EMA and more if it crosses above 50EMA but till then I will be waiting and watching if it can come to my predicted Accumulation price zone.

You can find my last Bitcoin Thoughts(2018) here-

My Plan To Keep Profit And ride The Bear Market Out

Comment on what you think about it!
Good luck and Happy Trading : )

Swarnava

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