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Bitcoin Technically : Bitcoin Price Dump Isn’t Over – Not Even Close ?


bitman007

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Hello Friends , dont get panic of bitcoin downfall beacuse if you will check Bitcoin is up 175% this year from $3,750 to $10,100 by setting higher monthly lows Feb $3391 March $3733 April $4096 May $5347 June $7564 July $9163 Aug $9675 Slow, organic price increases always better than quick pumps.

This time if you see technical analysis  bitcoin price suffered a massive setback on August 28th, crashing through support at $10,000 before testing the low $9,000s.

This dump would eventually happen, and unfortunately for bulls, technical analysis reveals that the pain isn’t over yet – not even close.

What is the reason and what technical chart says for future price is in detailed here https://www.uptrennd.com/post-detail/bitcoin-price-dump-isn-t-over-not-even-close~Mzk0MjU=

Do you think  it can go to 7k-8k or something..

I think it  may be possible : as crashing through support at $10,000 before testing the low $9,000 , on daily chart it appears to have generated three lower highs and each lower high was painted after bouncing from support of $9,600.

What is yor opinion on this crash? kindly share to learn more 

Thanks

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