Bitcoin Brakeout in the worng direction

in #bitcoin8 years ago (edited)

Iam a Newcomer in Trading i would like too read some comments.

I follow many Traders which said 8.000$ is a strong Support and 8.000$ is the Target from the triangle. In my view since we went parabolic the last year with Bitcoin and cryptocurrencys Overall. We could see a parabolic sell off. We are still in a down Trend buy risk is big.

Bitcoin current Price is 10.100$

T1 - 8.300$
T2 - 8.000$
T3 - 7.700$
T4 - parabolic sell off

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