USDCBTC trade ideas
Bitcoin falling to $3250 again!Bitcoin falling. There is no actual volume that is needed, and last "Lightning network" news faded. There is no news, or reason why it should go up.
It will go down to $3250 and if it falls down, it will go under $2800, but it probably go up from $3250, and we expect Lighting to make more exciting news (In middle of January), and people maybe actually start to use it, and then we can expect real "price jump". Until very good news, there is no good reason for BTC to go up.
BTC back at it again AYE CARUMBA GET READY FOR THEM NUTSAccurate prediction so far twice in a row no clue what im doing follow for autistic number jokes!
BTC ON TRENDBTC is at a crucial point in this cycle. ABC or Extension.
An extension into a new cycle would be very bullish.
Sitting right on the trend now the next 6 hour candle is crucial.
Dont be fooled by a bounce back to $4100 as. we may be in. an ABC.
Not a time to buy yet. We need more confirmation of what is going on here.
Hope you caught that wick.....Hope you got luck and caught that wick at the bottom... Def some type of manipulation...
BTC meets support of the Gann Fan... Will it hold?Wanted to highlight a support that some may not see. Drawn from the thus far bottom, these are the Gann Fan lines for bitcoin. There are many touches within all of the lines, so I think it is very reliable... Further, I can not interpret the price movement as bullish at this time, as the action should be above the 1/1, not below, and not only below, but testing final support. Not good for bitcoin if it does not hold.
Of course, you could draw the 1/1 line at 2/1 and have another support level from this angle. Hope the perspective helps in your setups.
Travis
JMJ - UIOGD
