Bitcoin
Short

BTC - Short update

By jdharward
Updated
Please see previous idea for in more in depth logic.

As kind of expected, the price reached and rejected off the 4.618 advancement.

From here, BTC has the potential of turning bullish again once the daily crosses over the 2/1 line. Potentially within a couple days from now.

That could cause it to make another run at breaking 14k

But until a breakout is confirmed, the trend suggests bull trapping be happening.

Good luck!
Comment
About to hit the first target box :)
Comment
First target reached.
Bitcoin (Cryptocurrency)BTCBTCUSDchinacryptoGannTechnical IndicatorstradetradewarTrend AnalysisUSDWAR
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