BTC breaks lower support!!

19 Şub 2020

The support of the raising wedge/channel I had drawn in is finally broken. if orevius support does not hold at 9100, we can potentially see it tumble all the way down to 8261, which is in line with the 200 day EMA as well as the current location of the 100 day EMA. but even with a target of around 8200, many key factors I'm looking at, hint towards bullish price action for the long term. at any price under 10k, I am dollar cost averaging in, and would greatly appreciate the opportunity to buy again at 8200ish. With the ultimate goal of HODLing at least one BTC, I will gladly take a dip of that size. Also, I will be expecting either sideways or bouncing action to happen if we tumbled that low. BUY THE DIPS!