Don t be fooled, whats happening is not a dump but a retrace and retesting of the ascending triangle that BTC broke out of. Price action is considered moving upward to 10k.
it broke under ur support line, u cant just draw a line upwards hoping for the best
Blockshame
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@uziboozi, i really dont know for what this guy is hoping for.. this idea is just bullsh... i would love to se a good LONG ide, bcause im long, But this kind of TA makes me angry
uziboozi
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@Blockshame, yea idk what this guy is doing, maybe trying to spread FUD or maybe just doesn't know how this market works, but this TA is just a hoop dream lol, we are still in a descending parallel channel and until we see some new highs we will continue to be bearish, weekly charts might be looking potentially bullish, but short term charts are definitely looking bearish
Blockshame
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@uziboozi, absolutely, short term is bearish for sure.
Blockshame
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then, when you are that sure, tell me WHY this is just a retesting?! I cannot see any similar patterns in the past, that would show that this i just retesting?! Show me