Bitcoin - Bear market
Hi guys
Take a look at this daily chart, as we have now smashed through that support level highlighted in the red dotted line we could now be onway down to 5-6k region.
This would make sense with us completing a full TRIPLE correction (WXYXZ). This correction could take weeks/months to fully complete before we see anymore bull markets.
The weekly has also smashed through the ICHIMOKU support cloud and now acting as a resistance
Please leave a comment with what you think is going to happen!
Take a look at this daily chart, as we have now smashed through that support level highlighted in the red dotted line we could now be onway down to 5-6k region.
This would make sense with us completing a full TRIPLE correction (WXYXZ). This correction could take weeks/months to fully complete before we see anymore bull markets.
The weekly has also smashed through the ICHIMOKU support cloud and now acting as a resistance
Please leave a comment with what you think is going to happen!
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