Hi there, BTCUSD will form new high without any doubt.
How you can get into the market.
Watch previous low for price action and then buy.
ideal place to hold for longer term is new low.
In case price break up and start to rise sharply then join the market. With in this pattern one more wave down is possible for double bottom. If you remember the last idea that is what we are having on current price so watch for previous low.
Good Luck.
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Correction is on its way.
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stay calm one more wave down is there.
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Watch for breakdown.
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SO no rushing ya it is same like yesterday.
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Watch one more TCP and look for continuation.
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Longer term view
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if breakdown then we will watch for new low before buy
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This is short term view. Watch bottom for price action.
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Watch for another correction for one more drop.
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Please support the setup with your likes, comments and by following on TV thanks
Seems interesting that your shorter term targets are well below that longer term trend line you just posted. Are you expecting it to go below 7k again before the next bull run, or do you think it's higher lows from here on out?
Judex81
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Are you implying that there is a probability of BTC retracing to around 6k levels before going bullish?
OliverNicolasOverhage
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You are very talented and experienced. Thank You. What makes you unique here is that you have objective view. Mostly people post what they want that happens. You post what could happen in reality without wishful thinking. Thanks.
spyder82
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Thx for warning. Do you think btc could go lower than 6k-5.6k USD?
sumastardon
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Have to say that the Bitcoin shows a massive bull flag - and agree with your call over the medium term.
The problem is defining the best entry point from here...
It came on a lazy Sunday lunchtime...