In a previous idea i though bitcoin could go down to 7000$ if it would break out if the triangle on the downside. Well we broke down but we did not go to 7000$ (yet). If we can hold this level i think we can be pretty bullish since people are willing to buy at higher prices even if we drop.
Now we can start to speculate on a triangle that is forming on a bigger time frame. I'm still long on btc for the long term but i think that if we break this triangle to go lower we could easily see 7000$ or even 6500$.
I'm sending more money as we speak so i could buy lower if such a scenario would happen.
Tell me your thoughts, i'm i missing something?
All have a good day :)
peace
Now we can start to speculate on a triangle that is forming on a bigger time frame. I'm still long on btc for the long term but i think that if we break this triangle to go lower we could easily see 7000$ or even 6500$.
I'm sending more money as we speak so i could buy lower if such a scenario would happen.
Tell me your thoughts, i'm i missing something?
All have a good day :)
peace
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