BTC bitcoin - awlays zoom out, when in panic

COINBASE:BTCUSD   Bitcoin / Dolar

New drama on the market. Regulations FUD, Mt Gox strikes again (maybe the worst crypto enemy ever), but hey... If Bitcoin is the true king, will stay strong in this kind of scenarios, like in the past. In the past, many experts, analytics, screamed about how BTC is finished, but the king always has shown, that there is no limits for him. There are only obstacles, but for bitcoin , this isn't really an issue, but challenge !

In the chart we see two major support lines.

When everybody is screaming about how BTC is finished, and going under 4k, just see that, see the bounces from this supportlines, and predict where it goes by yourself.

MY personal opinion is, that after the G20 meeting, there will be literally an explosion in crypto market. Going upwards ;-)

Thank you for reading this

best regards.

As predicted, SL was strong enough, to hold the price of the KING.
we can expect small bull run from now.
+1 Balas
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