Today's Bitcoin analysis of the day 26th January...

in #cryptocurrency7 years ago

BTC chart update:

  1. http://prntscr.com/i5bujk
  2. http://prntscr.com/i5bxjj
    As we can see, BTC is forming triangle. Formation of triangle is neutral so it can be descending or ascending. I told before that tomorrow we can expect big move, especially from BTC ( based on FA because CME Futures expire on January 26th at 16:00 London time ). TA is confirming this and tomorrow could be really big day for BTC. There are hundreds of theories and there is not an overall theory or predition. Let's see what will whales deicde. Whales will decide, my prediction is useless now, whatever I say now it will be like a gambling. I do not feel big correction and if this will cause big correction, it should already happen because this is not some news or something like that, we know for this last few days or weeks so this can't surprise us. In my opinion only shocking news can cause big correction like ban or something like this. I think that most of traders are waiting to see if something big will happen and if we don't see big correction, I think they will start buying everything so that's why I will give more chances to see tomorrow big green day but this is just my feeling, even this is not my prediction. This is something that I feel and that I saw before and in my opinion only some big news can cause big correction not something that we know for few weeks but if whales decide to crash the market, I can't stop them😔
    Even if we see crash, it won't be something huge and it wont make us long-term loss for sure. Let's see what will happen and let's hope for the best.

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when will it hit 20k it was there in December and it lost almost half of its price within a month... hope to see the come back soon

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