People shouldnt panic sell. We're still in a falling wedge ,it's time to buy.
We can even fall a bit below trend support, to scare all the weak hands from btc .
There we go. The bounce back up. Let's see 10k usd.
Like we said we just fall a bit under support to scare the weak hands. And now we can get some nice profit :)
People who followed me exactly on the call. Well done!
Looks like we have a reversed head- and shoulder, exactly what we need to push it to the 10k usd range. There is also a head- & shoulder on the smaller time frame, that can cause a drop, we should watch it carefully. But remember patterns on bigger timeframes overrule the smaller time frames!