Bitcoin - new idea, decreasing volume and slowly bounce
Hi my friends, here is Bitcoin chart.
- In February price dropped to support 6600 USD, price react very quickly. Huge volume and fast bounce from support. For 15 days the price has increased.
- At the beginning of April price again dropped to support 6600 USD, but price didn´t react. Low volume and slow reaction.
frist scenario - more probable (red arrow)
- price drop to support 5500-6000 USD, I expect huge volume and price very quickly up and broken blue trend line
second scenario (green arrow)
- price drop to support 6600 USD, low volume and slowly bounce up to retest blue trend line and then again down.
I think the price drop to 5500 will be better for the market and investors.
Majkee
( I am sorry for my English)
Glad to see someone being more realistic and not having a confirmation bias in crypto! Thanks
Thank for support
That's good for poor people like me...
or like me :)
this is very good news that bitcoin decrease cause i want to buy bitcoin.thanks for share
Me too, thanks for support :)
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