BTCUSD A catastrophy? Or a great buying opportunity?

in bitcoin •  6 years ago 

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The price is now flirting with the long term bottom trend.

My take on the negative in this situation: IF today closes below the long term bottom trend, the downside might well continue and at that point there is no clear short term resistance at sight.

My take on the negative in this situation: With BAKKT just around the corner, this might represent A GREAT buying opportunity. Almost funny how the longer term trends cross at that point.

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The information provided by mikak65 is for informational purposes only. It should not be considered legal or financial advice. You should consult with an attorney or other professional to determine what may be best for your individual needs.
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