Sorry to disappoint you bulls,
but we broke out of the primary uptrend in bitcoin.
I applied this A=B method to estimate a ball park (B) for the current downtrend + a possible bottom.
This is just my anticipation not a prediction!
I only assume something like this might happen if we fail to break out of the downtrend around 300.
Check out the volume profile bellow aswell. It supports my bottom level.
Cheerz : ]
but we broke out of the primary uptrend in bitcoin.
I applied this A=B method to estimate a ball park (B) for the current downtrend + a possible bottom.
This is just my anticipation not a prediction!
I only assume something like this might happen if we fail to break out of the downtrend around 300.
Check out the volume profile bellow aswell. It supports my bottom level.
Cheerz : ]
