Bitcoin : UP or DOWN ?

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📈📉#BTC

Ok Bravehearts ,let's talk about the market situation.

These days will be a CRYPTO BATTLEFIELD ,and below you'll read some reasons why I say this.

If we see the last year crypto market chart ,it is clear there are some key levels we should watch closely ,as in this chart :

6k level is the most important level till now , we can see this year we tested it 4 times ,and now should be the decision time : UP or DOWN ?

Some of reasons to go :

  1. UP📈

🔸Shorts reaching ATH - the whales to eat your BTC , so when there are so many shorts ,whales want to push the price upside to liquidate you😉

🔸CNBC talking about BTC to go down ... what are they sharing usually ? The oposite of what will happen 😅

🔸If ETF will be accepted - which is unlikely😅

🔸If some big expected developments as Lightning Network ,etc

  1. DOWN📉

🔹Many TA confirmed it may down , we saw many charts the last days

🔹No big news to push the price up ( like new giants entering the crypto market ,etc )

🔹ETF will be delayed for now in my opinion ,even the most expected ( 30 September ) - which could be delayed till February 2019 ( enough time to push #BTC price under 6k and accumulate cheap Bitcoins from weak hands

🚨After #bitmex started their maintenance , #btc started to pump after just 1 minute ! And passed the resistance ( around 6.6k ) , which the market was struggling to break since almost 2 weeks .

This what I call pure manipulation 👀

We'll keep updated Bravehearts ,remember to play safe ,we'll watch closely and let's see what the next hours/days will offer us 👍


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Bitcoin : UP or DOWN ? | Ecency