EminenceGrise

BTCUSDT: Beginning of the second bottom?

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BINANCE:BTCUSDT   Bitcoin / TetherUS
Good afternoon, dear traders! False penetration of the projection of the maternal channel ended in a strong drop in price. This is the first evidence that Bitcoin would be good to go to the second bottom. I do not think that it will be as strong as the first, but you need to go to the $ 7500-7600 area. It is possible there will be a drawdown of prices up to $ 6000-6500. Perhaps there will begin a real uptrend. Time will tell...

Locally go in a wide lateral range. More inclined to a downward movement in the region of $ 8300-8400.

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