Welcome people. I think BTC is still set to drop. We are most likely seeing a bulltrap related to FA (G20 news). I am seeing the price retracing to about $9200 and then go down. Note that it is possible for the price to go up to $9600 or even $10 500 before we continue the downtrend.
I have been calling a drop to $4700 since mid January. But for now the next low is at about $5900 and I expect the next drop to reach this area.
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The previous chart I posted yesterday regarding this move:
You're exactly correct. All the longs are pounding the table to buy buy buy BTC here. We're still looking for an eventual $3,200. Good luck.
UnknownUnicorn1629946
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how?
avervan
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even after to subtle but respectable run up, u still think things will slip back to early Feb. like digits, 5-6K, maybe even lower? if so, what's the motivation, gut instinct...something else?