Bitcoin Price Analysis
#BTC 1D
📢 Hey guys! We hope that you enjoyed the fall this time because you followed our exit signal so you can buy lower! Cheers!!!
📌 Now we go back in time and review our analysis to explain the current situation better.
📌 In the last month when #BTC was around 8400 range, we announced that Bitcoin has a Negative Divergence in Daily Time-Frame and we predicted the correction and following our analysis we almost had a 2500 USD fall right after that.
📌 Our buy range was around 6000 USD to reach for 6800-7100 and right then we had an update on 28th August to announce that #BTC can reach for 7500 range and a massive correction will be ahead of us right after that.
⚠️ Our price correction from 7450 price range has been a completely logical and without any Divergence at that point which can be a good thing for Bitcoin to continue the journey ahead. We hope that you took our exit signal on 2nd September seriously.
💡Now, upon our analysis based on Daily Time-Frame, this reversal wave from 7450 can end at around 6050-6150 price range!
💡During this time, Bitcoin can temporarily move around and may even move upwards and could be a good opportunity for those who have not exitted yet!
💡You may enter in our given zones and buy your #BTC for lower, if you have followed Cryp2Club previous analysis!
📎 Important zones are indicated on the chart which you can follow and trade altcoins according to them.
⛔️ If we lose 5900 price range, the current correction may turn into a fall and scenario changes. So in case we break 5900 and stabilize under this range, set your Stop-Loss for the indicated zone!
Good Luck!