The reason why we're not going to fall bellow 6000

10 Okt 2018

Is this pitchfork that I've drawn to the downside. As you can clearly see we went through it. The last opportunity for the crash was on 1st of October. Just take a good look at it, it would be a perfect timing. A lot of people say explosive move is coming to the downside or upside, but I disagree with all of them. I think we're just gonna continue sideways and hold the 6500 support. When we break out of the triangle I suspect a move to the upside to 7400 (previous high) and an immediate drop back to 6500. We're in the accumulation zone, it's going to take a while for BTC to start setting new higher highs.