URGENT BITCOIN WARNING!!: IF YOU HODLING BITCOIN RIGHT NOW!! YOU HAVE TO WATCH THIS

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#bitcoin #cryptocurrency
In my previous update we discussed about bitcoin bulls needing to break the key resistance at 23950. Bulls failed to break and close above it on a 6/8H basis.
Price did find support at 8H21ema again after the rejection. This range of 24-23k, could define the next major directional move for bitcoin

If Price breaks above 23950, upside potential is at 26k and higher
However, it bears break below the 21ema on 6/8H closing basis, a macro top formation could start to be in play.
On the macro picture: the most important key support for the bulls will be at 2D 21ema at 15600. Once again, this might not be the start of the capitulation, but the start of a potential down trend. The structure could be similar to the 2019 ( at 14k) top formation where we had a 3waves move down to the 2D 21ema (at 9.5k), and another 3waves move reversal back to 0.618-0.786 (13k)
**URGENT BITCOIN WARNING!!: IF YOU HODLING BITCOIN RIGHT NOW!! YOU HAVE TO WATCH THIS**

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⚠LINK TO ETHEREUM PRICE FORECAST 2020
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Disclaimer: This is not financial advise. This content is for entertainment purposes only and it is my own opinion. Please do your own research before investing in any financial markets.
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