J_layseca

BTC change in bias

Corto
BITMEX:XBT   Bitcoin
Its clear to say that in any market you can chose to be right or to make money.

Here my bias has changed for a more bearish one, given that we didn't even tested the blue ress.

Now that the trendline is broken, we have room to fall, i think a retest of the trendline might occur, to fall to the pink area, depending on what might happen in that area, I think is safe to say that a drop to the 3000's region is the next target.

If we break the 3000's floor the due to the people cashing out and loosing hope we might fall even faster to the next region, that region being 1900.

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