BTC down to 37-39K

2021年5月17日

Simple support & resistance.
BTC price went below 28 Feb 2021 low.
I drew the price lines almost 1 week ago now & every one of them has been crossed as Bitcoin drops down.
Market sentiment is very negative.
Currently looks like a dead cat bounce from the new low which will eventually consolidate and force price down.
Next support around 37-39k as per my lower price lines.

2021年5月18日

注释

BTC hitting resistance almost exactly @ my green line - $45,619
All technical indicators say sell.
Be careful next 6-12 hours could be limit of dead cat bounce
Before drop down.

2021年5月20日

注释

Bitcoin confirmed drop to 37k then further to 32k!
Congratulations to everyone who followed my idea & made money :)

2021年6月25日

注释

Chart still in downtrend albeit it looks to be slowly reversing.
Keep ready to short if trading long term & keep open unless breakout above 36k