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BTC - 09 October 2019 - Deadcat Bounce 1 is Here at Last
Bitcoin just waited for most of the people to say `damn this is not going to go up` to make its move up. As expected... Thanks bitcoin
And here we are at 8600 levels where most of the people expected the bounce to happen. Bitcoin seems strong for the short term and can retest the bottom of its descending triangle, which means up to 9400 levels - even it can bounce to 10k to make a huge bull trap - but do not get fooled.
We will not be going ATH before testing 6K s.
21 MA weekly and 100 MA daily is broken, we need HEALTHY RECOVERY NOT AGGRESSIVE PUMPS - or the 6k s are still on the table.
Lets enjoy the pump...
And here we are at 8600 levels where most of the people expected the bounce to happen. Bitcoin seems strong for the short term and can retest the bottom of its descending triangle, which means up to 9400 levels - even it can bounce to 10k to make a huge bull trap - but do not get fooled.
We will not be going ATH before testing 6K s.
21 MA weekly and 100 MA daily is broken, we need HEALTHY RECOVERY NOT AGGRESSIVE PUMPS - or the 6k s are still on the table.
Lets enjoy the pump...
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