If we are still on bearish market.
This is my midterm view on BTC if we are still in bearish market which I think we still are. ((
Strong support levels are 7600-7800, 5800-6200, 4000-4300 (where the main bottom accumulation expected), 2700-3300 in worst case.
I know bearish ideas on BTC are annoying people but trend and market capitalisation flashing me this for now.
This is my midterm view on BTC if we are still in bearish market which I think we still are. ((
Strong support levels are 7600-7800, 5800-6200, 4000-4300 (where the main bottom accumulation expected), 2700-3300 in worst case.
I know bearish ideas on BTC are annoying people but trend and market capitalisation flashing me this for now.
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People asking why do I think market is bearish. This is one of my arguments.
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7468 looks for me as solid bottom for first leg. There probable consolidation and further analysis if happens.
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7468-7878.
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8500 is a strong level of demand where we can reverse into bullish.
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Seems like BTC is really going to break resistance and looks bullish right now. Probably the main correction is over and BTD deals are started. If so we're doing the new (i) impulse right now.
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