JICPT|BTC refused to create lower low with momentum to go up!

Hello everyone. Bitcoin took another dive yesterday but refused to create a lower low. It bounced back from the previous low(61.8% fib retracement)

Actually, it was the same drawing as in my last post. The closing price of Sept. 9th failed to be higher than the previous day. That triggered a sell-off later on.

Now, price is coming back to challenge for the second time. It may directly pass the trouble level of $47423 with strong momentum, or consolidate for while before taking over the sellers.

What do you think? Give me a like if you're with me.

Komentar:

Celebrity investor Kevin O’Leary said that he wants to double his cryptocurrency holdings from 3% of his portfolio to 7%. Remember the four players I mentioned in the previous btc posts? Other than big institutions, famous investors also jumped in. As more people park their money in the cypto, the price will definitely go up. It's sup ply and demand.

Komentar:

Nice formation. The trouble level has been conquered for the 2nd try.

Komentar:

uptrend continues

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There is a retest.