BitcoinShort
Bitcoin downtrend
Updated
Bitcoin has completed a 0.886 shark from my last post.
I labelled out all fib level from the original upward trend. I think bitcoin is going to head to 0.618 level at least, then bounce back to continue the upward trend as pitchfork shown. Or If it did break the pitchfork, we might see a downward trend to 700-800 level.
I labelled out all fib level from the original upward trend. I think bitcoin is going to head to 0.618 level at least, then bounce back to continue the upward trend as pitchfork shown. Or If it did break the pitchfork, we might see a downward trend to 700-800 level.
Note
Just to clarify, My upward sign shows bitcoin can potentially move up to another upward trend if resistance did not break, also it can test the upward trend and come back down to a downward trend!Note
Bitcoin continued its upward trend from the up arrow, graph still valid to see upward and downward resistence
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