Beware, 29k7 may not a dip of this month
Bitcoin / U.S. dollar BITSTAMP:BTCUSD
Today we meet the ~30k again, the strongest support last year.
As we can see in 1W/1M is a double top and the neckline is right here, 29k 30k.
We may have a small correction with a big % if and only if it bull back to 38k 39k , no more than 41k.
After that is the doom days of Crypto when Bitcoin goes back to 25k , 20k. I don’t know the dip yet, but I hope it will be 20k so I can go buy and hold without doubt.
Remember, 38 39k is just a correction. With 7 years experience of trading in this market, I never trust a correction wave.
Keep your money safe and always do a stop loss. Good Luck.
