RE: BTC - Resistance line broken - Should be the start of a new bullish trend

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BTC - Resistance line broken - Should be the start of a new bullish trend

in bitcoin •  7 years ago 

yeah, this shows the bullish trend but we haven’t seen any movement in the waves recently.
It looks like it will go down big on 29th september.
Mark my words. :)

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Tbh, it looks a little bit too quite for me. I'm afraid that they are trying to make a Head Fake. This is why I'm explaining it in my analysis. So yeah stay careful and keep an eye on what is happening.

Always on sync. ;)

I'm a newbie, so please forgive me, but why do you think this, and what is so important about the 29th September? And movement in the waves? Is this referring to the volume?

You may not be a pro, neither am I but you just got to follow the news and updates, because from 30th September China will ban the exchanges for trading and trade locally only, so China is a huge economy and with big part in bitcoin mining, it with smash the bitcoin rates and will go down.