BTC - Double LOW in progress

[cryptopassion]

Hello all,

Here was the chart of yesterday :

Here is the current chart :

As you can see it is an important momentum because we are having a double LOW in formation and the result will be very important. If this second test of the support line in orange holds again the drop, we should see that a nice UP trend will start. In the case of a break of that support line, the drop should accelerate... Let's see what will happen in the coming hours...

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.

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Comments

[smarmy]

I hope the line holds. If it goes up significantly, we will eventually get higher volume or if it breaks down we will get higher volume.

[sagenomad]

Its seems the trading bots are at it again....

Look at the history of the charts you will see that when they start high volume trading you get these I ____I price movements. @crytokirby calls them" bart simpson" charts.

[kosaxd]

The latest drop was caused because of movement on Mt. Gox cold wallets, people just paniced. Bitcoin will go up until Mt. Gox. move their BTC

[zxt]

upto when will they keep doing this ? 2022 ?

how are u so sure? mt gox is a over hyped... market is moved by whales...

[d0zer]

I think we will see a drop. The low volume does not support a bull run.

[internetfame]

what would you identify as a good price to buy?

[wstanley226]

Drop in btc is happening. We may hit 8.9k.

[retaliator]

Yup, all we need now is volume so we can finnally break the 10k barrier

[crypto-toast]

@cryptopassion Higher chance to drop and break trendline. The retracement is too deep and seems to be more selling pressure exists.

[khaled4444]

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[coinlocket]

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