BTC final down phase!? bull market near!?
Hi Guys!
Sorry for the long pause. I was taking some vacation time ;)
Now back to the charts!
As we see on this 1 D chart on Coinbase, BTC looks like it is topping out here in the 5600-5700 $ areas.
It might have the last attempt to go higher to the 5800 areas, but I guess really soon the short term trend will reverse. In May 2019 we will see some strong sell action on BTC. I think we will revisit 4000-4200 $ areas at very least.
Maybe even a bit lower to the 3500 $ areas.
This looks very similar to the last bear market of BTC.
The final phase before the bull market might have just started.
Be ready to rumble!
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
Sorry for the long pause. I was taking some vacation time ;)
Now back to the charts!
As we see on this 1 D chart on Coinbase, BTC looks like it is topping out here in the 5600-5700 $ areas.
It might have the last attempt to go higher to the 5800 areas, but I guess really soon the short term trend will reverse. In May 2019 we will see some strong sell action on BTC. I think we will revisit 4000-4200 $ areas at very least.
Maybe even a bit lower to the 3500 $ areas.
This looks very similar to the last bear market of BTC.
The final phase before the bull market might have just started.
Be ready to rumble!
Let's see...
Happy and safe trading!
*This is not financial advice, this is only an idea. Do your own research and act on your responsibility.
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