Hello all,
Here is the chart of yesterday :
Here is the current chart :
We are currenly experiencing the start of a break out on the BTC but unfortunately, it is a drop. However, to confirm that direction, we need to break the previous low. I traced for you an orange line which is a small support line created by this previous low. Let's see if that line will be broken or if we will have a bounce on it and go back in the trading range.
I wish you massive profits,
Cryptopassion.io
Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Do you want them spendable directly via a dedicated plastic Visa card ?
Do you want to receive back 0.5% of your spending in Bitcoin ?
I recommend you the platform
.gif)
.gif)
Time will tell..........lets just wait and see...
why the sudden drop?
we are still in a bear market. Usually these situations resolve to the downside. Still, there is a good chance that an inverse Bart Simpson is being formed and we´ll return to the previous price point.
https://www.tradingview.com/x/VkJme5m8/
This drop doesn´t invalidate the current sideways action. So no need to panic (yet)