Post
Topic
Board Speculation
Re: bitcoin down trend to 3000
by
hwarico
on 10/04/2018, 11:55:53 UTC
bitcoin down trend to 3000

the down trend will confirmed under 5800$

https://www.mql5.com/en/charts/8532638/btcusd-d1-ingot-brokers-australia
Good you said it is going to be confirmed under $5800 which I would not actually be surprised anyway, but I do not see it getting as low as $3000. Even if it does, there is going to be a rapid buying which would even make some buy orders not to hit. So far, the bear still owns the market, so anything is possible actually, but at the same time, since we cannot predict the future we just have to watch out for the break out either up or down.

The market situation is better now compared to what we had in last week. But we cannot be sure what this week is having to surprise us in coming days. I am praying to God for trend change because except praying I has nothing to do for a better future for bitcoins.

the most important rule in the technical analysis that you dont have to watch any news or fundamentals .......