I was looking back at the chart for the past couple of days and I noted the similarity between the current chart pattern now and then.
There was a small period of small movement before a drop.
If the chart follows what happens in Nov 18, we could see a similar trend and BTC making a new low in recent years.
However, please note that it was previously at the 6000 levels and now this is the 3600 levels.
Although it is probable, there is a chance that the market will move the other direction as well as it is a new low.
*This post is meant to be informative. I am just giving back to the cryptocurrencies community like what other people does. I do not have a crystal ball to look into the future. It is just information that I am sharing, and not meant to be professional advice to ask you to buy or sell.
There was a small period of small movement before a drop.
If the chart follows what happens in Nov 18, we could see a similar trend and BTC making a new low in recent years.
However, please note that it was previously at the 6000 levels and now this is the 3600 levels.
Although it is probable, there is a chance that the market will move the other direction as well as it is a new low.
*This post is meant to be informative. I am just giving back to the cryptocurrencies community like what other people does. I do not have a crystal ball to look into the future. It is just information that I am sharing, and not meant to be professional advice to ask you to buy or sell.