To many indicators on CRYPTO TOTAL Mcap have the key values at the same point.
This is an update for prediction based on some main lines and periodical movements in chart of BTC. New thing in chart is fibo time zone prediction. We are still in the downtrend channel, but for now, we have posibility to have some iptrend for about two months.
Fibo time zones are showing possibility for a new uptrend. Is possibility to have new uptrend channel with movement to some targets around fibo retracements which first is 6800. I think, uptrend will be in next 2 months, and final targets can be 7400 and 7800 based on fibo retracement and main resistance trend line.
There are two green lines as main support lines, the blue one is our resisting line.
Chart with historical trendlines based on many and many other chart masters :-)
Historical_SHORTERS_likvidation_sometimes_can_hapend