Bitcoin, Swing chance from 6275 to 6600

in #mgsc • 6 years ago

When everyone is calling for BTC to go down to 5K or even 3K, lets keep in mind nothing goes up in a straight line, its also true that nothing comes down in a straight line.

We saw BTC going to lows from 6000USD to 5750 USD, yes there is still a chance to go down further. However as of 24th June it has reached 6250 USD and as per the pin bar created at the days end, the Bullish sentiment is greater even though we are facing a Bearish structure.

BTC Swing.png

We are by no means on bullish side yet, first we will have to break the bearish line which is at around 6.6K, then we have to take out 7.4K before aimimh too high.

Until then we can aim for BTC to test to 6.6 K before swinging lower, with a stop at 5950USD.

#btc #cryptocurrency #crypto #trade
6 years ago in #mgsc by
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     6 years ago 

    Now btc will not go down it will go up from now.

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     6 years ago 

    I hope so too, its going down for half a year now.

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       6 years ago 

      I also think that bitcoin will break upside from that price point. No one can predict the market but it looks like that bullish trend is near.

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       6 years ago 

      Fingers crossed

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         6 years ago 

        bears mode i thing closed it's time to recover market bull run coming a day hope i am right!