COINBASE:BTCUSD BitCoin (19/1/8) *Yea, we had a nice ride Down to $10k and ... [BTCUSD]

in steem •  7 years ago 



COINBASE:BTCUSD BitCoin (19/1/8) *Yea, we had a nice ride Down to $10k and ... [BTCUSD]





Yes Baby, Did you get that? We are Bearish since $18,000 ish             level.
Told You, this sh1t doesn't worth that much.

Anyway. It has tested a strong support of 10k level and keep in mind that $10k level is going to be a very strong support.
The market may swing back up, as there are tons of profit taking and dip buy up. It can even swing up to $13,300 or even $14,000.

SO, do not short with small SL, even if you may eventually right, your SL may get hunted first.

I am watching 10k level closely. IF it is broken, it will plunge down to $7,000 level

Trade Safe

s0nic

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great post. thanks @dr4mohamed

great post. thanks @dr4mohamed

great post. thanks @dr4mohamed

Like 3 years in a row BTC price plumbs down in mid December/January and then goes to new highs. That is because of Chinese new years are coming and many cryptos are changed to FIA money for presents, trips etc. So just HODL