Bitcoin may have made it's low for a very long time
Once prices shot up from $7,300 that may have been a signal that is as low as it is going to get for a long long time.
If history is to repeat, we won't see a price that low possibly ever, but for sure not within the next 2 years.
Here is the weekly chart:
(Source: ~~~ embed:1191790334394667008) twitter metadata:bmVicmFza2FuZ29vbmVyfHxodHRwczovL3R3aXR0ZXIuY29tL25lYnJhc2thbmdvb25lci9zdGF0dXMvMTE5MTc5MDMzNDM5NDY2NzAwOCl8 ~~~
Given that, hopefully you were able to scoop some up at that $7k level.
If not, well just ride the wave for the next 2 years.
I'll see you on the other side.
The price is too high according to the DeMarker indicator,
The MACD DEMA indicator signaled a fall on October 31,
The indicator I use has completed the buy-sell transactions,
If this negativity comes together, I'il sell this bitcoin in my hand.
Until when?
Should fall between 8500$-8800$
And you buy there?