BTC Analysis
Perfectly predicted the dip to $33,000 over 12 hours ago. Currently ranging with decent volume around $33,000 meaning bears are likely pushing price lower in the next hours. Our next significant support level is currently at $29,500 where most long term stops are placed and will likely be cleared before heading up.
This could either print a long term double bottom from where we would be heading pretty much instantly up to $37,890 or we could break though this ultimate long term support level where we would confirm a mid term down turn which would take us once again to $27,000 and eventually to $21,000
This could either print a long term double bottom from where we would be heading pretty much instantly up to $37,890 or we could break though this ultimate long term support level where we would confirm a mid term down turn which would take us once again to $27,000 and eventually to $21,000
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