50 day Moving Average is strong support. Once this support breaks the pattern is invalidated. If this pattern holds then it should be complete towards late January and breakout towards 28k target.
@fabianlealv, Lets see if that support holds. I think many will be surprised here...
Gojo_Satoshi
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@silmaril0875, Maybe. It's really unpredictable with BTC. How low do you think we're going?
silmaril0875
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@fabianlealv, I think we going down to the 11K range very soon here...
comfyharry
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@fabianlealv, We had plenty of chances to go low so i would say unlikely we are going lower then 13800. But if you are looking to go long then best wait for a breakout above 15500