In a previous post I showed how BTC has hit bottom twice and is following a similar bullish pattern from last Sept right before it really took off. In this post I have found that it is following a similar pattern from the beginning of this month which became a bearish trend. If this is the case this time then we could see BTC hitting it's support wedge at 8100 or if it breaks through the wedge then we could see its bottom a 3rd time between 6400 and 6100 unless it breaks through. So keep your eyes on this and set your stop loss accordingly.
Commentaire:
Looks like btc took the green line.. Should be seeing a bounce at 8100-8060 :)