tim23a

BTC/USD Possible Movement

BITFINEX:BTCUSD   Bitcoin
The deeper BTC goes, the closer is the next bullrun. However, there are two possible variants that I can see.
1) The Blue One(Most Possible). BTC goes to 4900-5000 zone, where people open a lot of longs, expecting a breakout of the trendline. But it turns out to be fake, and we fall again to 3600-3850 zone.
2) The Red One(Alternative). BTC goes to the 4900-5000 zone, breaks it with high volume and the next TO THE MOON begins.
P.s. the time will show, I am in LONG right now, expecting the test of the mentioned zone.
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