Sharifmoghadam

BTC Long term ??

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BITSTAMP:BTCUSD   Bitcoin
As it is obvious we have been in bloody days since 9 Nov and made many people panic BUT....

BTC has been printing a massive Cup and handle since 14 april and exactly after we hit the ATH it began a correction ( for handle ) ! in case of breakout from the top the holder we slightly should hit 100K in terms of CUP targets

Even though that we had a leg down now but its sitting at the support cluster of MA 100 on Daily chart + bottom of ascending channel and support zone ( yellow oval ) which i expect BTC to bounce from here and go for the breakout (handle of the cup)

What you think about this analysis ?
Feel free to talk in comment section below and make me right if im wrong
Dagangan aktif:
corrently MA did a decent job and support the BTC from crashing more

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