Plain and Simple Bitcoin Daily Analysis - 3/6/21 - BTCUSDT

Plain and Simple Bitcoin Daily Analysis - 3/6/21 - BTCUSDT

Very undecieded week-end, starting with enough confidence to drop the market.
Yesterday, i did a short update before the "pump", but was not confinced that we would go over the 50K resistence.

Right now, we might stick to my green drawing, with a ranging price between 48900 and 50100

I'm keeping my blue line however for the 46K drop.

Market is totally ranging . In the middle.

However, the 1 hour charts shows some weakness.

Most probable scenario is by then the break to the downside

It's "weak" - end, so, expect 46K, most probably

Stay safe.


And remember, the market is a b..ch, trying to take the money right out of your pocket for a cheap and short moment of pleasure.

See you all tomorrow, and don't forget to ......

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