BTC - In consolidation mode - Still waiting a direction

Hello all,

Here was the chart of yesterday with my prediction :

Here is the current chart :

As I was explaining you yesterday, the previous low (orange line) is the key on that level. If we break it, it will be for me the sign that the massive drop will continue. If we are using it as support, we will go test again soon the resistance line in violet around 7350$. Let's see what will happen in the coming hours but really keep an eye on that orange line.

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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I agree I think it's going to come down and test that support line again.

I see multiple triangles with a main downward trend. I really think as this month nears the end that we'll see a big move in either direction.

This consolidation is fantastic. No matter what we can all agree that the price will inevitably break the ATH's of around $20K. Whether that happens in the next few months, a year or a few years will be determined, but it WILL happen.

To me its always a surprise again. Thnx for posting!

Hi cryptopassion,

Looks like indecision in BTC market where bears and Bull are still fighting.

I dare to say the Bears will win over this week end even though Bulls may have their way for a bit if price retrace back up then down again.

I would say this weekend would be good time to scoop up some cheap priced BTC....comment?

thank you nice info....follow youy blog and vote..