Every bubble has to pop, and when it does on Bitcoin, it usually goes back close to where it had all begun. In this case, Bitcoin was within a bullish channel that lasted for 550 days, until it broke it up, went straight up for about three weeks, and now it's dumping.
So where is the bottom? Well, taking this channel into consideration, the bottom should be the previous resistance, which has now become support. The price of this support should be between 1550-1800 and the maximum date for this to happen is when the FIB resistance and the channel touch each other, around August 1st, date of the UASF. I am not saying it will happen in this date, but it won't be longer than it.
交易進行
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Another possibility which would actually take BTC higher.
交易進行
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More possibilities.
交易進行
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Keeping an eye on this possible bull flag fractal on BTC.
you always make ppl panic with no reason i dont trust you and your prediction seems connected with pump and dump group . you make some good trades then make them lose all in one trade
CoinMajesty
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@quraanmorad, I don't give a fuck if you don't trust me. If you didn't follow the stop-loss groups it's your problem, not mine. I don't like pump and dump groups and noobs like you don't even get you can't pump and dump bitcoin through these groups, neither any of the coins I've followed.
CoinMajesty
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@jsburgos, stop-loss through*
agile
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@jsburgos Don't even respond to these kind of people. They are either looking for a God or a demon and neither is what should be on a traders mind. Keep making your predictions under these harsh conditions, because clearly no one has the answer and all we can do is combine our thoughts and be open to them objectively. Thumbs up.
quraanmorad
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@jsburgos, am not talking about bitcoin anyway , i talk in general your way to give prediction to new ppl in this market is vbad i never follow any one prediction anyway , i do my own trading . i just dont like ppl who take advantage of noobs that come to this market and make them lose there money .maybe am wrong but if you want to be good and help ppl dont make them panic sell and panic buy this not PRO trading advice .
jin0
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@quraanmorad, if u want follow him.if not leave him thats it......no one in this world can make perfect predictions
quraanmorad
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@jin0, am not talking about myself i said that i don't follow any one predictions , i talk about he's behavior in trading groups he make ppl panic buy panic sell anyway he's free to do whatever he like not my business but he can be better , thank you
UnknownUnicorn942585
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@quraanmorad, he shares his predictions whats wrong with you?
JorgeNunez
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Keep working Burgos. We are improving every day. We should be patience because it is time to gather profits and put smart money for a new resistant level.