Let's take a look on daily Bitcoin price you will see it already broken trendline at 52400$ and panic sell below 42000$ at 3 weeks ago. So right now the price is retesting on this trendline again. You can see the market trade below ema 34 89 of the day frame. If you are observant, you are gonna be notice that head and shoulders on this chart and then it's has one resistance on 52400-52700$ appropriate on fib retracetment 0.382 So If you guys have money and want to invest you can wait when it's retest support line at 42k$ and then DCA(Dollar-cost averaging) at 32k-30k$ (strong support line on Weekly) and stoploss at 28k$. Not investment advice. Personal opinion. Invest at your own risk. Finally, if you like my ideas, you can click follow on my tweet and my trading view so I can come up with many new ideas for you to follow more conveniently. Thank you for your support.
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