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Bitcoin analysis

Still thinking this may replicate what happened in July and complete the crab formation.Bearish crosses on both the 55 & 200 MA Oversold on Stoch RSI
Downward trend (Lower highs) with 12 MA as the last stand as support

4H indicators are bearish & we are stuck under MA - we need to break 6300 resistance to become bullish. I dont see it happening ATM.The pivot point around 6600, the %68 fib levels of the recent sharp fall from 7300 also at 6600 levels.

Right now is literally the best time to enter crypto market in last year.Look one year charts for bitcoin Don't miss out again like last year.i am Waiting the breakout and long the retest of the descending red line from past chart (6500 target).

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Comeing with BTC analysis and update...
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Disclaimer: 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.

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