Testing out the result posting on Dtube and Dlive. learning by taking action and do it.
Let's use market consensus, what's your opinion on the current bitcoin market ?
- Dead cat bounce
- start of next bull rally
Bitcoin price didn't manage to close above the previous shadow long tailed low above 8595 though it's still above the 200 moving average. Looks like it falling down again to the 8000 range and let's see if the orange support market around 7800 will hold. If it does, we could be looking to continue the inverse head and shoulder pattern and finish around 8800 to 8800. If it doesn't, maybe it will be heading south to find support around the previous mean line lower channel around 7000 - 7200 range.
Yesterday close with a doji like candle maybe like rickshaw man doji which the bulls and bears can't decide where to go.
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Disclaimer : This is not financial advice, it's all based on my personal biased opinion. Do your own research and put in the amount you can afford to lose.
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