Bitcoin
Panjang

RACEACEACE BTCUSD BITCOIN XBTUSD THE BOTTOM IS IN? YEAH?

My group successfully trades the 1 minute chart. This is an update to my previous ideas published today. I can't help but notice the similarities of the two moves circled in green (the move up to 10500, and the move in play now). Yes, I understand that the price action LOOKS weak at the present moment. However, that does not guarantee that it will continue to maintain this appearance. In both instances, the price made a new recent pivot low on the 4 hour, and the pattern - in terms of bounces on Fibonacci levels - do share many striking similarities, except that the current move up is not a huge DILDO. I'm just putting the possibility out there. Here is the simplified version:

Over 7.5 = 7.8 Over 7.8 = 9.9 Over 9.9 = 10.5. Over 10.5 = 11.2

Let's take this one step at a time and see what happens if/when this gets to 7500.

Merry Christmas!!!!!!!

Penafian