In my earlier forecast for bitcoin/usd 11-month ago (www.tradingview.com/v/97hCiiAX/), i was looking for a major bearish break , forecasting price to bit areas near 50. Well, fortunately, the down break started and we headed lower recording a low at $150 (around 73.5% decline from the price of earlier post 565), which is a good accomplishment right? however, the price didn't reach my projected level yet!
Hold on, I still insist :) .. The price has broken key long term support levels and trend lines as shown on chart, i think its a matter of time until we get there..
I would love to read your opinion, feel free to comment agree or disagree in a respectful manner..
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Technician
Hold on, I still insist :) .. The price has broken key long term support levels and trend lines as shown on chart, i think its a matter of time until we get there..
I would love to read your opinion, feel free to comment agree or disagree in a respectful manner..
==========================================================================================
Be one of the first members of my new trading portal, check my new website thefxchannel.com/ , vote and subscribe. Thank you
Good luck, keep your stops tight..
twitter.com/thefxchannel
www.facebook.com/thefxchannel
plus.google.com/+Thefxchannel0
My best regards
Technician
