Hello Crypto Friends
This Christmas is not lucky for you. we are patiently waiting for the last major dip of bitcoin -0.05% . And I strongly believe based on the analysis that I created; that last major dip might fall in the month of December 2018- January 2019 breaking out our major support line which is the $6,000.00 range making it a strong resistance as we enter in the accumulation stage.
As the fake breakout happened again this time, we might also fall to the lower lows of 2018 breaking the major support line as we enter the accumulation stage until December 2018.
Thanks, this is a very interesting analysis.
On my chart analysis Bitcoin will hit the end of the triangle at the beginning of December. Yet, I am not so sure we will see new lows. There is always the change everything comes differently. Let's wait and see.
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