RSI: Positive Divergence
100 Satoshi Looks Strong Support due to both being psychological support and being intersection of trend lines.
NOT A TRADING ADVICE!
According to the graph, looks like it is again started to move in a decreasing parallel lines like 2018 rally. Therefore, i expect a decrease untill 6.000 dollars. After that, the price might start rising before halving. NOT A TRADING ADVICE.
When you look at the BTC Dominance chart, its trying to hold on the support. However, I don't think BTC win this battle. Because altcoins are DEAD for months and if BTC dominance keep rising, it will reach to 80% dominance and it will be the end of BTC rally.
I also don't expect the end of BTC rally before halving because BTC never ended its rally before halving....
I am expecting drop between 5.20 - 5.40 due to Turkish Government's precautions against USD. 5.20 - 5.40 is safe zone to buy.
Also when technically analysed, it can be seen that there is a rising wedge, which notifies bearish trend.
Not a trading advice.
When we look at the USDTBTC chart, we see a rising bearish flag pattern in long term. However, there is also rising wedge pattern. Both of them are big signals for bearish trend. I can say that USD bearish race (Bullish race for BTC) will start most lately before the christmas.
Support for BTC: 5750$
Not a trading advice.
