Addicted to Dip

in #bitcoin7 years ago (edited)

I'll spare you disgusting dip pictures hahah

On the long term, this major 6+ month correction is coming to an end, however, it seems we're in for another dip before it's over:


Screenshot 2018-06-04 at 19.55.07.png

We hit a regional low and came back up, and the market wasn't so confident. Look at the volume decreasing:


Screenshot 2018-06-04 at 19.58.19.png

6 waves later, and we aren't seeing much progression. I'm not saying it's impossible to break out tonight/in the morning, but I think a dip will happen first to account for this loss of momentum.

Lastly, we can see a couple support bases that can be used as guidelines:

Screenshot 2018-06-04 at 20.00.07.png

This information is purely educational. Enjoy at your own risk :P