Bitcoin (BTC): Buy Levels para BITFINEX:BTCUSD por Nickonomics — TradingView

Trend Analysis Chart Patterns Wave Analysis nixtrading nixcoin Bitcoin (Cryptocurrency) BTC BTCUSD crypto

trendanalysis chartpattern waveanalysis nixtrading nixcoin bitcoin btc btcusd crypto

In the previous idea we had cast a near-perfect 'Bear Play' with price dropping from 8290 to 7200:

Bitcoin (BTC): The Bear Play

I expect the bottom to form in the next couple of days. The current reversal zone is 6950-7100. Of course, we cannot rule out a price squeeze, so I will also place an alternative buy order at 6620.

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Keeping an eye on EOS - one of the most promising alts to consider once BTC forms the bottom:

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Intraday price levels:

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We have entered the buy zone. However, the downward channel is not broken yet. Chart update is coming.

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