mycotoxin

BTC - Possible drop lower to test the green dashed line

BITSTAMP:BTCUSD   比特币
Ive noticed this behavior in past examples and I'd expect nothing less from BTC
After moving above the green dashed line BTC drops back down and tests the line .
if the test is successful in this situation then BTC will take off out of the range towards 45k
if the test fails then BTC will move to 35k

This said im expecting BTC will move back lower to the 37K area for the test
This is just my observation and BTC does whatever BTC wants whenever BTC wants - so DYOR

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