Updated

Bitcoin Bird's Eye View

Bitcoin is going parabolic. But it seems that its wheels could fall off soon. Stochastic shows that BTC is nearing a sell-off but I don't think it could happen today probably within 2 days. So, I suggest that if you buy now, make sure that you place a tight stop loss (2% below your buy price) as a correction could occur down to 3,500. Still, it's possible for BTC to rise higher and higher but when that happens a much bigger correction could happen.

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Are we at the end of the road? Be careful guys!

Watch on how price moves when it reaches that blue line. When a sell-off happens, make sure to park your BTC to USD or USDT to protect your funds.

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touched the support line 4 times

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that's bad folks

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what a rebound. if this end up as a dead cat bounce, then we could go lower

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If it breaks the current support, it could go down to the support indicated in the chart below

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Stochastics is pointing down. Looks like we could bounce twice

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Dead cat bounce was invalidated.

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Downtrend slope was broken.

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Could retest the new all time high

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We need to watch out if price breaks below the uptrend slope.

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Broke the downtrend slope and going uphill. We're aiming for the supply zone near the all time high

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still looking up. could possibly be in a channel. could bounce once it reaches the top, but if buying demand is strong, it could to 4,400

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double top on 3min. could go to 4200

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the slope is getting steeper and steeper. that is bad

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Nearing 3,500. If BTC bounces from the yellow line (support), we could avoid going down to 3,500. But if it goes down, we could touch 3,500 or above it.

clydeuscope

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clydeuscope