Possible drop level for BTC
BTC/USD COINBASE:BTCUSD
MOST BEARISH: Every time BTC has ever gone beneath the mid-line of the red Gaussian channel, BTC drops at around 56% to 58%. If this scenario plays out again with a 58% drop, it could find previous resistance at around $19,892 (circled in green) or the 20K mark o_O and use it for support then we blast out of here for an epic bull run.
NOT AS BEARISH. It is possible that would could find support at around 28,800 (circled in green) and then blast out of here.
I’m ultimately ultimately bullish like the 99.99% of you. If neither scenario plays out congratulations bulls. <( ‘ ‘ )>
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