After tesla canceled its bitcoin payments it is a clear sign that the world is still not ready for the digital currency. A week later China confirmed that again. All of this bullrun was organized as it was on the 2018 and the same will continue to happen again probably. Looking at the history of this market now is time for a big dip taking bitcoin at least 20k...
AFTER MAKING A NEW SUPPORT ON AUGUST 15 2015 at price level 0.65345 it went back up at 0.78070 on 06 FEBURARY 2017 MAKING A PERFECT DOUBLE TOP AT 18 SEPTEMBER 2017 than it went down to the main support making a perfect double bottom. Now its time for a trendline break and retest this week or eventually in the next week. I am waiting for a strong sign like a 4h...
USD REACHED ITS TOP AFTER TODAYS NEWS ! THE PRICE WAS REJECTED AT 1.33397 it is now time for a retest if the retest fails to breake the price it is going down for sure to 1.32000
I think the support will be retested because it was a market gap there if it doesn't breake the support it will go eventually to retest resistance
Just an amateur analysis I did on BTC/USD, share your thougts on this. Critics are welcomed !