BTC 4h 1D 1N Weekly section: Bitcoin weekend №1

We decided to publish such a digest every weekend. Therefore, subscribe and like not to miss updates. And if you have any suggestions on how to improve it, then write in the comments.

Here's a previous idea to see how the forecast has worked out since last week.

This week, sellers started an attack. After a break of $19,000, the price move down.
Sellers made two attempts to collapse the price, but the forecasted $17,400 was not touched, a little bit was not enough, $150)
Although they did -$1500, which is not a bad result compared to the previous bull run.

The weekend turned out to be a surprisive for BTC buyers +$1800
If sellers want to keep the chance of the BTC price fall, then they can not allow the price to move above $19400

To form a bearish absorbing pattern, we need to close the Sunday candle for at least $ 17,400, now it seems unlikely.

Next week, 14-15 December, two news items are set to explode the cryptomarket infospace:
- documents and decisions on $850 million from murky businesses of Bitfinex and Tether;
- a decision to pay 140,000BTC, which now costs $2.5 billion from the hacked exchange Mt.Gox.

The longer the intrigue is pulled, the faster the investors' nerves will be lost.

And if your nerves give up, and even + negative news, then to flow the BTC price to $15,300 may be a matter of several hours, not days.
You can roughly estimate from the weekly chart how cool it will look.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
Bitcoin (Cryptocurrency)BTCBTCUSDBTCUSDTChart PatternsTrend AnalysisWave Analysis

🎁 -20% on ALL trading fees OKX
okx.com/join/20PSTRADE

🔥V-I-P cutt.ly/PwkLhT56

👍Daily bitcoin reviews here💲 cutt.ly/3wnaaG4s

🔵Telegram t.me/pstrade_eng
Мои профили:

Похожие публикации

Отказ от ответственности