Analysis of Bitcoin | What awaits us next?
So, the powerful fall of bitcoin is obviously worth to break the situation with it. We had the price down to $19,800, and a possible resistance we flew through.
We can't say for sure right now that we need to get in anywhere, as long as we're watching. I assume that the fall may continue up to ~$19,100, but even after that it is too early to open a long.
We will have to wait for the formation of the structure, fixing and only after that we should look carefully into longing till ~$21,000. After that, it will be seen. Stop can be thrown behind the level of ~$18,500.
One of the hardest parts of trading is waiting. But that's what sometimes saves your money -)
