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Hi Traders, So here is a simple price action idea. Once the channel breaks, the target is active. Please let me know if you have any questions in the comment section below. Thanks! - Abdulla
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channel broke - volume is also high
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What goes up fast, comes down faster ;)
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Bitcoin under $13,000!
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Hey guys! Sorry I have lost track with the comments - your support is much appreciated :)! Don't forget that all the things I post on trading view is for educational purpose and not a trading signal. Thanks! - Abdulla
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The first target reached.
Why Bitcoin Price May Take 700 Days To Rally Back To $20,000: https://coinlu.com/bitcoin-price-rally/
I think with the Futures out for BTC and that too at just $18k. It will limit the investment of people for BTC. Investments were rapid because of madly run of BTC. Having said that, the futures will give a doubt in minds of people and they will shift to other coins as the other coins promise to return more than 1/8 (BTC returns for next one month being (18-16)/16 = 2/16). The evidence is clear. All coins in green now. Ever seen this happen when BTC was growing madly?
So future is a good move to limit the madly growth of BTC.
So future is a good move to limit the madly growth of BTC.
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