Pushing upon a weaker support BTC continues to have lower lows & lower highs. This is going to push us to our next support of $2800 (moved up slightly). Which will be contested at $3000 from large buy orders. But, in the market we are in that is showing no sign of reversal on short or long positions BTC will not be able to stand up to $2800. Eventually, we will see BTC sub $2000 with a steep crash. Hopefully, we will then see signs of market reversal.
Trust in BTC because a rough ride is ahead
Trust in BTC because a rough ride is ahead
BTC likely to test $3200 today. When it gets to that point it could collapse to $3000 quickly to see where the market stands. If $3000 fails to hold we will see plunging prices. If there is a rally we still won't be out of the clear.