Considering the current price movement of BTC I'm expecting two possible moves.
It has strong support @7200.A bounce from this level would take it to
1) $8900
0r
2) $8300
I don't think it is going to $4200 or $2000 atleast for now.
Seeing the charts of ETH BCH and several other big players,it is clear that we are already at the bottom.This is just my opinion.As long as the bottom trendline holds I'm not going to short it.
It has strong support @7200.A bounce from this level would take it to
1) $8900
0r
2) $8300
I don't think it is going to $4200 or $2000 atleast for now.
Seeing the charts of ETH BCH and several other big players,it is clear that we are already at the bottom.This is just my opinion.As long as the bottom trendline holds I'm not going to short it.
