Okey, my friends! Chart analysis is really simple at this moment. Do you want to buy BTC?? You should probably be patient and wait a bit more!!
After the confirmation of the "double top" pattern (pink line was broken), the main objetive is around 7.000$. FIBONACCI 0.61 level could act as a support level (around 7.500$). If it's broken, 7.000$ is the next objective. But... don't forget Mr.Penguin wants to buy at 6.000!!!!! Who is Mr. Penguin? Mr. Penguin is the BIG MASA OF WHALES that want to buy at a really good price. If BTC reaches 6.000$, you only have to do one thing: BUY!!!! If not, 7.000$ is also a very good price.
What to expect for the future? Well, even if you bought at 19.900$, don't panic. In a long-term BTC will reach and pass that price again for sure!! (We hope so!!!)
Take care and remember: brush your teeth before going to sleep!!
After the confirmation of the "double top" pattern (pink line was broken), the main objetive is around 7.000$. FIBONACCI 0.61 level could act as a support level (around 7.500$). If it's broken, 7.000$ is the next objective. But... don't forget Mr.Penguin wants to buy at 6.000!!!!! Who is Mr. Penguin? Mr. Penguin is the BIG MASA OF WHALES that want to buy at a really good price. If BTC reaches 6.000$, you only have to do one thing: BUY!!!! If not, 7.000$ is also a very good price.
What to expect for the future? Well, even if you bought at 19.900$, don't panic. In a long-term BTC will reach and pass that price again for sure!! (We hope so!!!)
Take care and remember: brush your teeth before going to sleep!!