BTC upward trend has gone too steep. Looking at the 1H chart you can see how BTC is creating an upward wedge with a resistance level at around 38500 to 40000. If it resists, it will create a double top and could possible continue down. I am thinking selling at around 38500 and then buying again all the way down at around 24k -25k since the path looks clear. BTC needs to rectify but we don't know by how much, so we will see what happens next. Good luck.
Kommentera:
I sold my bitcoins at 39525 yesterday... We are now heading to a support line @ 36k.. Looking to see what it will do at that point.
Kommentera:
BTC down to 32k as predicted, seems like it will continue the run down.