As of today 30/03/2018 , after carefully reading over and over today's charts of the stars, it seems I am still confused about where is bitcoin heading today.
Haejin said last ==> It will breakout from its wedge;
MagicPoopCannon said last ==> It will likely go down at least to 6400 USD and possibly lower
D4rkEnergY said ==> It will probably go down to 6400 USD , then adjusted along a few hours later saying : Let's do a chess "waiting move". But trading , just like chess and blockchain : a move is immutable !
So, I have shared the following ideas on a long term:
We are left with two scenarios:
1-) SCenario 1 : We just completed a descending triangle to complete the bullish trend , which will lead to a breakout towards 27 K USD at least ;
2-) Scenario 2 : We are still in a large corrective mode of the main initial trend , which will lead down to 2.4 K USD ;
To know further, the battle field presently takin gplace in the space 7000 - 7200 has to end with a winner and a loser. The winner will take scenario 1 , the loser will take scenario 2
In the meantime, those who've energy can still scal in this 7000 - 7200 USD , if they are in a reasonably low priced exchange place and low costs !
BE AWARE THIS IS NO FINANCIAL ADVISE AND I AM A NEWBIE MYSELF ! DON't TRADE BASED ON MY INFO!
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