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Comentário:
going down
Comentário:
I see volume, and on the 1h chart btc is oversold on the RSI.
Interesting. Will watch next move. Short term frame aren't reliable right now, the downtrend is not over yet.
Interesting. Will watch next move. Short term frame aren't reliable right now, the downtrend is not over yet.
Following this idea, I put another 61.8 fib retracement from the other huge crash in july and this gives me a price of 8646 $. What's interesting is that this area correspond to the lower part of the descending channel if price fail to break upward.
There are two major support at 11200 and 9500 that first need to be broken, and I don't think BTC will go below 10 000 for long. We'll see