BTC UPDATE

Its obvious BTC has lots of speculations surrounding it, but what can retailer traders do when whales tends to move market to their prices.

The recent action taken by Chinese government is part of proactive measure to drive BTC down which has been confirmed by TECHNICAL ANALYSIS long time ago.

For the past few week BTC has been trading down and it break down the major DAILY TL holding it, the only hope for it to continue its upmove will be for the remaining support level to hold it and these levels are: 12600, 11700 and 11,350.

If non of the aboved support could provide maximum help for BTC we might see a giant fall to 10,000 level.

TRADING ADVICE:
With the look things, alt still have another 24hours for survival, during this period let prepare for the worst and take maximum control of our trade.

I pray we all smile and laugh at the end. #Amen#

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