Community post
China took a dump on BTC
https://cryptoravness.wordpress.com/
Well say it isn't so, but yeah it couldn't hold that uptrend we had for the past 2 days and here we are. China ended up dumping on us, and people are sad, even Cryptotwitter people like "CryptoPicasso" called it quits. So what do I think may happen? Probably a 4% gain back to 6.9k based on the 4hr, and we'll see after that. I still hold my stance at the Overall bearish since we couldn't break out of the first downtrend channel. But my homie, is rather optimistic about btc... but then again he's Canadian :P . Worst case scenario we continue dipping down, recent low at 6.4k
https://www.tradingview.com/x/HqKrYt9v/
https://www.youtube.com/watch?v=dqc-nwhbexY
https://twitter.com/coin_investor/status/981604376929361921?s=19
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Replies (1)
Great article. I 100% agree with your every word. Potential move back towards the 6.4K support and then another bullish push back up to try and break through some of the key resistance levels.