RafaelZioni

BTC , A Bridge Too Far ...

RafaelZioni Uppdaterad   
BITMEX:XBTUSD.P   Bitcoin
So as we see from this analysis
BTC went truly bullish on April and now is at bearish zone from late june.
it not able to break the 9400-9500 resistance
each attemt of the bullls to break it fall away by the bears. sooner or later it probably will fall .
this is a gloom scenario as once it fall bellow 8900 it will crash to area of 8200 or 7900
on the other hand if it will hold 8900-9000 , there is a good chance for new break up.
Positive scenario is about 35%
Negative scenario is 65%
so I am on side now. as market war between bears and bulls is still undecided
Kommentera:
on the last time same thing happen it totaly crash. so be aware of it
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