BTC consolidating again
تم تحديثه
BTC pumped on the recent news from China about the government using digital currencies. This pump was right at the diagonal support(purple) which pumped it 40%. Now the price is in a down channel and has a support at around $8700. The purple channel is also bringing BTC back to the reaccumulation zone which is also the parabolic growth channel ( zoom out, yellow lines).
More money is currently flowing into BTC and any price lower than the current one is a good buying opportunity for the long term holders. There will be a large inrush of retail investors in the coming months.
*Note: This is not financial advise. Please do your own research.
More money is currently flowing into BTC and any price lower than the current one is a good buying opportunity for the long term holders. There will be a large inrush of retail investors in the coming months.
*Note: This is not financial advise. Please do your own research.
تم فتح الصفقة
Touching 7300 support. Expecting a bounce here to 7900.
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