BItcoin price update

in #bitcoin6 years ago

The little warning I gave yesterday was played, but with the pump we have today again, they only hurt the use of stopping. Moving on from the last days, it looks very similar to what we saw 2 weeks ago, with this pump and dump. But there is a big difference, the days before this fractal were different. I don't like making TA move like this, because there is a lot of noise AND this is another weekend. But I tried to give you a guide here. The blue circled (that axis) did not happen this time.

Remember, 2 weeks ago, they pumped into the 4200s also on Saturday, around the same time, before a dump on Sunday. I honestly don't know at this stage what the next step is. Prefer to see a decline to 3800/3700 ​​to think of more lengths. But this here, can go both ways. ETH did not really follow, while the one leading 2 weeks ago. LTC is also not very mobile. But of course, if BTC breaks 3950/4000, they will follow too. But usually for bullish movements, want to see alts move stronger than bitcoin.

So I think this zone is very difficult to sell and it's best to stay out of events. I think the fractal will be canceled if we break the 4000 level. On the downside, a breakout at 3880s, probably means we go down further into the 3700/3800 zone. There have been big fights in the last few hours, big buys and sold where OI has increased (so many new shorts and lengths have been opened).

It follows my plan from the previous analysis quite well, but the bull flag from last week only took a lot of time, maybe it means something else is going on (at least for the short term)

The best advice I can give is: Go enjoy your Saturday and leave the bet to others :)
The best guess is: Move towards 4000 and Bart moves the dump to 3800/3700. Except ETH and LTC really come out.

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