Post
Topic
Board Trading Discussion
Re: Bottom of BTC descending channel is 3000$?
by
BTCballa
on 15/08/2018, 18:16:34 UTC
While most of the analysts are letting their wishful thinking of a trend reversal influencing their analysis, this top analyst on Tradingview (MagicPoopCannon) has been predicting the current price action of BTC already several months ago and he is setting 3000$ as a logical bottom. Click on the link below to read his analysis and see his chart. What do you think about it?

https://www.tradingview.com/chart/BTCUSD/GLtEEYfz-The-Downtrend-Continues-BITCOIN-BTC-D/
Actually we can never know that because there are some supporting levels on bitcoins price that we know about but it is already going through $6,000 and lower so nobody is confident in the bottom point.