BTC/USD DOUBLE BOTTON OR NEW LOWS ?

BTC/USD DOUBLE BOTTON OR NEW LOWS ?

Hi all !

this is a weekly bitcoin chart using blx data 🙂
we are under 128ma and 50ma on weekly for now lets see how closes todays …. anyways deathcross on weekly is evident using this Moving averages i use for bitcoin , also i know about a ” future golden cross” on 1day and other timeframes but listen….. first price is above …..and usually will be not easy….so like last time we also got a golden cross in the previous bear market and failed hard and we make the double botton then we got the 2nd golden cross and boom … bull market started 🙂

so i expect this to dump very hard in 30-60 days…

OPTIMISTIC TARGET 3500-3100 AREA ( double botton )

2nd target 2782

3r target 1890-1710

Have fun !

Published at Sun, 14 Apr 2019 16:02:07 +0000