With an eye on my previous ideas, we can now see that BTC came out of the persistent trendline but faced a bad news and the price decreased drastically. I'm guessing that BTC is nearing its bottom at around 16200 and will then bounce up. If the trendline doesn't hold the mentioned price, then I don't see any strong support until the static 14000 area, which can be the ultimate bottom in normal circumstances (if nothing bad happens in the world!)
Please share your thoughts with me.
No signal, no financial advice.
Always DYOR.
Sincerely
Please share your thoughts with me.
No signal, no financial advice.
Always DYOR.
Sincerely
