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RE: BTC - Downtrend line broken ?

in #bitcoin6 years ago

It will touch the first red line for sure and It will surpass it again.
some kind of soul is back to the market after the last week crash,, we may see another all time high of BTC very soon.

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It's staying choppily sideways and will possibly fall more... has been in a triangle and broke a bit but is falling back, crawling along the green line of the Gann fan, and now downwards again along the downtrend line - the same action I watched a few days ago before it fell straight down to the 9k low.
So I would say caution is a good idea, and yes I HOPE it will fall straight to 8k so the damn indecision will be over. Because lets be honest, that's what we've all been waiting for.
ETH doesn't look at all better. This is a risk-affine day trader's market.
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