Rule72

Time For Some News

Rule72 Cập nhật   
COINBASE:BTCUSD   Bitcoin
Recap: BTC broke out of Decision 1 on the previous analysis and did not follow through in either direction after, respecting the Decision Levels subsequently. It is getting a bit too quiet around here and we are in some need of news or something. Wonder who will oblige this time. Money Man is putting BTC currently in Decision 2 as we do have some resistance built up above us and breaking that, would be a good catalyst. The darker areas within the Decision boxes carry more weight than the rest of the space they occupy.

Conclusion: Money Man has made some minor changes to his previous analysis to reach these conclusions. He thinks something needs to happen. Simply put; we are getting too complacent, and something needs to happen with all the volume the market has been chewing on. Remember: No guarantees, only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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Previous BTC analysis
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We need to be careful here at just below 53 000 now.
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Next BTC analysis
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