Hello guys, i hope you are doing well, BTC has moved to a dangerous support line at 10300. This is very important support zone as moving down under it means that our next stop is support zone 9680 - 9800. If we won't bounce back from there to 11200 USD resistance zone (at least) and won't be able to stay over it for at least 12 hours, then we should expect further movement down to 8773 - 8830.
Yesterday BTC barely passed 11680 USD line, but wasn't able to stay over it for a long time which caused immediate return to indicated by me zones. When people say that market is not predictable - well, it's quite predictable and my analysis can help you to see that.
Are we going to the bearish market again? Was it a bull trap? I will tell you an answer in the nearest 48 hours.
My favorite exchanges:
Binance
HitBTC
Exmo
CEX
LocalBitcoins
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