Bitcoin down to 24K?  

Bassti T

Technical analysis 4 years ago
1 QCP
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Bitcoin correction continues as the price is now below 30K. There are 2 main reasons why I think bitcoin will correct further and go down 24K-26K area.
1. Descending Triangle on the daily Timeframe (1d TF)
2. The price is below EMA 20 on the Daily Timeframe

This is a clear sign that we may see further correction for Bitcoin. Unless it reclaims 33K area, I think Bitcoin chart looks bearish for now.

Good buying opportunities will be around 24K-26K if the correction goes further.

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Bassti T 4 years ago
@CryptoGentleman Exactly!
Crypto Gentleman 4 years ago
Still goin down. I guess it's a good thing. Will give a chance for new traders to buy-in and old players to buy-in for cheaper
Jamie Erick 4 years ago
Was hoping for a pump, instead we got another dump. oh well....
Bassti T 4 years ago
@TommyShelby Absolutely :)
Bassti T 4 years ago
@DavidAirben Yes Sir!
Tommy Shelby 4 years ago
Imagine buying at $40k. Feels like a kick in the nuts
David Airben 4 years ago
You made this post 5 days ago and predicted it nicely: https://crypto-potential.com/post/will-bitcoin-correction-continues-further

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