RE: BTC update 23.09.17

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BTC update 23.09.17

in bitcoin •  7 years ago 

I usually don't give time frames for the move I project because I think it looks dubious. But the target is well possible soon. watch my update tomorrow. As I have recently written in a comment on this post:
If BTC moves above 3811, 3930-4000 could be next, but this still would not be a new uptrend and still fitting the bearish count

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  ·  7 years ago (edited)

Agreed. Just added in the latest movement on my chart (as it stopped updating at end of yesterday trading) and the 3800 resistance is being tested hard. If I'm honest I think the moves over the last few weeks could just be a standard expected re-trace, but who knows. Will be watching closely that's for sure.

We are right on top of a natural channel up / down so just can't call it, will be waiting for up / down confirmation before buying any more to hold.

good thing that you are waiting for confirmation.