Do not feed the whales with your money! Do not fall for FOMO!
Do not buy Bitcoins before the green line (daily MA 125) has crossed the red one (daily MA 205).
That's all for the moment. Take care...
Do not buy Bitcoins before the green line (daily MA 125) has crossed the red one (daily MA 205).
That's all for the moment. Take care...
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$4.2k is likely to become an important key level in 2019 -- much like $234 in 2015...
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Looks like it is going to $4.3k...
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$4.3k from a higher perspective
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when comparing, THE KEY IS:
The first drop goes from 1.618 -> 1
The first drop goes from 1.618 -> 1
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THIS TIME IT'S DIFFERENT
This is what happened Nov 2013 - Nov 2015
This is what's been happening Dec 2017 - NOW
This is what happened Nov 2013 - Nov 2015
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MA150 30m resistance is too strong. Bitcoin's unable to break out beyond that. As before, going down to $2.9k
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Notice how the bottom formed between weekly MA125 and MA205 last time?
We are not there yet. There is still hope. ;-)
We are not there yet. There is still hope. ;-)
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Thought of the Day: If $3.1k breaks the Bitcoin is over
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I think we're about to slump to $ 2.5k
My view is this: The current price level $ 5.5k is just a stopover on the further way down.
The next 23.6% retracement leads us to $ 4.2k in the long term.
This is going to become an important key level.
It will probably attract the price like a magnet for a long time.
In the current situation, I see virtually no chance that things could go up.
Good luck, everyone!