Bitcoin might consolidate here

22 May 2018

As said before, Bitcoin dropped. I think around 8k is a strong support. That's the reason Bicoin might need a few days to find it's way. We might have some movements here and there. Don't mistake any move with a bullish trend change so easily!

It's time to be cautious and to keep a cool head. With every FOMO you will lose money at the moment.

Previous analysis about actual trend:

23 May 2018

Not

There might be a test of 7800 fibonacci level. But the possibility is high that it will just go through it or bounce up, let you make fomo and THEN go down.

My position is still bearish! We probably will see lower positions. It's just a matter of time. If you think of joining "because it bounced at 7800 USD" then you might end up losing money in a little longer run.

There is always the move after. And trading in a bearish market is mostly the best way to lose money.