Could it go lower than 0.00000500 again? Possible. But 0.00000514 is pretty damn low right now.
I've been sharing this with my chat group for the last couple of days. I drew the green scribble a couple of days ago. They can confirm in my chat group.
I believe this is an excellent opportunity coming up in the next several days. We may have another 4 to 10 days wait before lift off. Not quite sure "when" but I'm pretty sure there will be a lift off soon.
It's quite possible it goes down to the point of the seen drawn with a diagonal magenta line arrow angled downward. Time will tell.
This TA is my "opinion." I'm not responsible for any trades made based off my opinions.
I drew out the correction with red scribble:
We currently have traders accumulating more BTC for sure... Why? Cause I'm seeing a lot of alt coins traded in BTC in the red today. This makes one wonder what's in store for BTCUSD in the near future. ; )
""IF"" we do go below 0.00000583, I can see an even stronger push to the upside once this bear sentiment is over.
Happy Fathers Day to all you fathers out there!
I've been working in my mining room the last couple of days. I still have at least a week to go. It's funny how projects end up lasting longer than anticipated. I was working on a rig for over 6 hours before I "finally" got 7 x GPU's going on it. I almost gave up on it.
I will be away for a while still. I'm looking forward to getting this mining room completed in order to focus back on trading full time like I used to.
Later and happy trading,
Spending some time with wife and son at the moment.
BY THE WAY, nice entry.