Oversold bounce likely

570 3 12
Refer to chart
評論: Quite big volume candle. Makes it quite likely that the bounce will materialize. But I do not expect 25k++ in this next cycle, rather a continuation of intermediate cycle low which will most likely occur at 4321. Let's see what market gives.
評論: If you are leveraged, can be wise to just set SL = BE in case market want to mess with your position and go directly to 4321.
評論: Just raise SL to secure profit. It moves suspiciously slow
評論: Soon everyone will be bullish again. Just in time to get bearish. People.. Never learn.
I respectfully disagree. BTC is heading to $5,500.
@Artesp, i think the same
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