Currently trading bitcoin is a gamble, the price can go either way. Long term it will go up, but what about those short term gains, what about the next 2 months.
TA is used as a indicator to increase your chances when trading and all the following predicitions are made using it.
Electro from whalepool is looking bearish at the current situation and estimates a dip to atleast 4.8k usd for BTC in the span of the next two months. "TA Textbook bear flag" - 11.02
A big chunk of paid signal groups are fairly split as of now.
#1 Calling a bullrun to 9.3k usd if btc will stay above 8.1-8.3k usd else we will dip to low 7k usd range
#2 Recommends to stay out of crypto unless we will be having a level of 8.7k usd after the weekend
#3 Thinks the reverse h&s is still in the works, meaning a retrace to 8k usd then back up
Uff so that sounds pretty rough and summing it up the information is not all that useful. I myself will stay in crypto and consider dumping some position when we reach 9.2k usd. If we dip fast i will buy the dip/ try to catch the knife of ICX.
I'm new to steemit and would appreciate it if you leave some feedback to help me improve. I am passionate about the tech itself and thougth about starting to make daily posts about signals of others together with my take on what to do aswell as maybe a weekly blog post about the technical background of certain coins.