BTC DROPS BY 13.8% WITHIN 3 DAYS, HERE IS WHAT'S NEXT.
BTC has been flying all the way to 108k, you and me just enjoying the ride right? everybody bullish, ha!. First of all let me tell you something, markets are always swinging between two extreme emotions, FEAR and GREED. Infact fear and greed are like brothers and sisters. When one is awake the other is asleep and when one is at its peak-jumping, the other bro cant wait to have their turn. Just by understanding that statement will put you ahead of others in these crypto Market. That's enough intro, lets go. So what the heck is happening? How can BTC drop that much in just 3 days? What's really going on, are we at the top? Should i be cashing out now?
I understand most of you could be having so many questions on your mind. And that's why am making this post today, to quench your anxiety and explain to you what next for BTC. So sit and listen.
As you see my charts below, by the way when you read the posts i have been making. These are the very charts, i have been using to analyze, i just add on them. This is also important because it means am consistent with my analysis and predictions. So back to the charts, As i explained in earlier posts BTC flew all the way jumping literally 2 channels in one go. As you see the green line is the upper line of the third channel. But the mighty BTC just broke through, Now here is what's next. When price breaks out of something it usually comes back to retest and that's what BTC just did as you see the green line. BTC just retested the line. SO where is BTC going now?
As you see, when BTC retested the green line, it was rejected, this rejection is the confirmation that the game has just literally started. I repeat, the rejection at the retest confirms that we are now ready to go higher, 150K plus. This is pure price action, I remain Crypto Dragon your favorite Crypto Analyst. Dont forget to like, share and even comment. AM curious to know what you think! But importantly is to share this with friends and FAM so you dont get rich alone. #BTCNextMove and #Write2Earn .