After continuous drop bitcoin shows straight.
Fake breakout shows power of buyers. Retest of support confirmed further growth. Higher low is forming right now.
Even thought green candles show straight after fake breakout, the long/short ratio is neutral. It means that fast, powerful moves are not supposed to take place soon.
Consolidation 42-45k$ is expected...
What if chart following May Dump. The match between dumps is significant. Now we are in parallel downtrend channel which gonna be lost soon. We may see bottom at 38 000$, thanks for support level from ALSO MAY DUMP. Every PUMP
precedes by insignificant DUMP of approximately 5% in this case. There is also present magical dates of 20-29 when most of pumps took place...
