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RE: BTC/USDT Technical analysis 2018-03-30.

in #bitcoin6 years ago

Judging by the fact that we appear to be repeating the fractal of the crash to 5800, we probably have one more leg down - potentially a long one. We had a bullish divergence there too, which didn't stop it from dropping another 2000 points.

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Everyone and there grandma wants 5800, which is why I think it'll be unlikely. If support here doesnt hold then everyone will get what they want. How ever I think 6800-7000 is a good entry until then.