New uptrend cycle for BTC

22 de mai. de 2018

BTC is coming to a critical support level ~8100 from where it should bounce and start another uptrend impulse. That is almost guaranteed scenario. If that won't work it will fall to ~7850 again. Lets hope it will not happen =)

1 day chart also shows potential reversal.

24 de mai. de 2018

Nota

After recent fall to 7300 BTC finally found support and bounced back althogh the volume there is pretty small and I can't see much bulls activity. It might fall back to 7300 before final breakout. Nevertheless its a chance for it to go back to 7800 and maybe even return back to 8300. If that happens the new uptrend sycle may begin.