3 possible Scenario for Bitcoin - Breakout to 6k or Dump to 3k

29 Nov 2018

If we consider 4 hrs chart since the massive fall, and see the downwards trend then three things can happen,
1 Whales might dump it to $3000 arrow one
2 If downwards trend continues like this for a longer period then might be $2000 or $1500 will be possible but possibilities of this is very very less as $3500 then $3000 is a strong and sociological support .
3 As technically its Double bottom and also some spike above trend line and sustaining here over $4200 to $4400 for some time with good volume then we can also see trend reversal or break out. Lets hope for the Best :)