Hello everyone. I want share my idea about bitcoin at 1 month chart.
I was looking to bitcoin bullish, but when i saw Fibonacci at 1 month chart the picture is so bad.
Everything were going well until Friday, i though bitcoin will have strong movement at 1 week bullish trendline but it broke without any buyers, at 1 month chart what we are looking at is a new high of bearish trend, if it will brake that support LVL at 25000-24000 zone i think we will see bitcoin at 10000, it depend on how aggressive buyers or sellers we will have. at lower timeframe for example at 1D or 4H chart we saw big and strong reaction from that LVL but price still coming down and we see strong sellers.
We will see in this This what price will make, i still think bitcoin is bullish, and in my opinion this happen for new buyers. if we will not see soon new buyers i will share my new price prediction at bitcoin which will be short side.
In this post I will link all my ideas and price prediction of bitcoin why i was thinking long.
BE PATIENT!!! LOSE IS LOSE!!!
I was looking to bitcoin bullish, but when i saw Fibonacci at 1 month chart the picture is so bad.
Everything were going well until Friday, i though bitcoin will have strong movement at 1 week bullish trendline but it broke without any buyers, at 1 month chart what we are looking at is a new high of bearish trend, if it will brake that support LVL at 25000-24000 zone i think we will see bitcoin at 10000, it depend on how aggressive buyers or sellers we will have. at lower timeframe for example at 1D or 4H chart we saw big and strong reaction from that LVL but price still coming down and we see strong sellers.
We will see in this This what price will make, i still think bitcoin is bullish, and in my opinion this happen for new buyers. if we will not see soon new buyers i will share my new price prediction at bitcoin which will be short side.
In this post I will link all my ideas and price prediction of bitcoin why i was thinking long.
BE PATIENT!!! LOSE IS LOSE!!!
