BTC - Correction not yet finished

in #bitcoin7 years ago

Hello all,

Here is the chart of yesterday :

BTCUSD.jpg

Here is the current chart :

BTCUSD.jpg

Today, we continued to drop on the BTC but since some hours we have a little consolidation to create a very weak reversal. A reversal is most of the time present on big moves like the one we had and that doesn't mean that the market changed its mind. In fact, the reversal is coming here because the sellers need to make a pause before the next attack. And as this reversal is very weak, it means that buyers are not there to buy at cheap price... Why? Because most of the people expect a new drop soon so be very carefull.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

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Too much red in the last two days !!

OMG this is gettin' worst!

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