After the evergrande fud btc crashed from 53000$ to 39500$ but is bottom is in or it gonna keep dumping towards the August lows?
Imo August lows are not possible According to onchain analysis. Bitcoin supply shock is gonna coming. But in the short term according to wyckoff pattern wicks to 37500 to 38000$ is still in play. Stay safe in this manipulation don't get rekt by selling your tokens if u really wanna sell your btc here you should wait atleast 1 month here, because I'm still bullish on bitcoin in Q4 lot of coins are moving from exchanges to cold storage. Soon everything will be bullish. Thanks for reading give a follow for more daily info on crypto.
Imo August lows are not possible According to onchain analysis. Bitcoin supply shock is gonna coming. But in the short term according to wyckoff pattern wicks to 37500 to 38000$ is still in play. Stay safe in this manipulation don't get rekt by selling your tokens if u really wanna sell your btc here you should wait atleast 1 month here, because I'm still bullish on bitcoin in Q4 lot of coins are moving from exchanges to cold storage. Soon everything will be bullish. Thanks for reading give a follow for more daily info on crypto.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.