BTC BEAR FLAG to 5300 USD (SILVER LINING BULLISH POSSIBILITY?)

22 Haz 2018

Today's dip has tested the 6000 psychological support. The longer chats are showing signs of more blood to come for the next few days. We have a strong, historical support around 5800 which will likely be tested over the next few days, possibly resulting in another small, intermittent bear flag which may go up 100 to 200 sats before we see another drop. Mid term I see a drop to--and bounce at--5300 and then a rise to at least 5550 to 5600 before BTC either repeats the paradigm or turns bullish. We have had 6 weeks of bearishness, and we could be due for the bulls to kick in at the next 5800 or 5300 support.