Bitcoin Analysis; Crypto To The Moon #50.

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2 years ago

DISCLAIMER: I am not a financial advisor nor certified analyst. All contents discussed on this blogpost are solely my own personal views and for Trading education/entertainment purposes only . Do your own research and due diligence.

With That Being said, let's get into it;

1 Week Timeframe.

Using the 1w timeframe, just as I stated the last time that the Price of BTC is definitely likely to fall even further before experiencing some bullish movements, we eventually did drop even further.

During these moments, it's not a wise thing to panic sell, not at all. We recently did make it to the support area which can help us in going bullish, but expecting some little bearish movements might still possible for a short time though.

During these bearish moments, it's definitely a good idea to buy the dip as prices are expected to rise in no time.

Overall: Market Still Red and Bearish but not for long hopefully as we make a retest towards the support zone.

Until next time, Peace.

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