BTC/USD OTE Analysis

17 thg 1, 2019

My point here is that:

• ... IF the 3100 USD was THE BOTTOM, the price action inside the derived OTE range (calculated/drawn from ATH-to-3100) does not seem to play out nicely inside the range compared to the situation where...
  
• ... IF THE BOTTOM was to be around 2000 USD, the price action would fit and play out nicely inside the OTE range above.
  

Major horizontal support around 2000 USD as well.

We'll see...