Btc is still bullish as long as the light blue trendline still supporting it . We have a range from 17900 to 19570 as target for BTC to touch. A correction is quite possible to happen anytime since now. Less is more!
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pls watch this zone.
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hello guys, BTCUSD broke the trendline .
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down down down .
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No doubt that BTC start dropping from our blue resistance zone.
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pls check my last update idea on BTC and give me more "likes" there.
should we sell btc? your idea is important for me please.
8bitandstuff
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Simple refutation:
1. BTCUSD movement follows BTCKRW (Korean Won movement).
2. BTCKRW already broke the 20k BTCUSD ATH resistance, and has successfully retested it as support.
3. Correction WILL NOT HAPPEN.
4. You don't trade bitcoin. Margin Traders like I closely follow all market conditions.
FUNTRADER-Vera
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@8bitandstuff,
Simple suggestion:
1. Always be trade with fear.
2. Technically, a correction will help price to go higher.
3. Short-term correction and long-term correction are different trade strategies.
4. I am happy that I dont trade BTC , but only here to remind you worry about your aggressive and greedy trades.
8bitandstuff
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@FUNTRADER-Vera, obviously. I margin trade bitcoin, and I can say I am more experienced than ANY of the commodity futures traders in managing risks.
If you don't trade bitcoin, you shouldn't be giving misleading charts to those who trade. i can spot several technical errors. For example, there is absolutely no way wave d will hit your bounce at 14K, that means breaching the already tested double bottom resistance-turned-support.
Problem with you people is that, your targets are WAY TOO WIDE therefore WAY OFF to be used for executing trading decisions.
You are going to get people liquidated. Please stop posting those waves.
CyberExploit
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@8bitandstuff, fluctuation is measured in percentage % not raw value.
I hate to ask a silly question, but you do realise the crypto market as a whole has fallen 12% today and btc is only down 10%? Furthermore the market had gained 250billion dollars in 7 days prior to said correction?
Do you use market stats as a whole in your technical analysis or just the BTC graph?