BTC/USD. Two possibles scenarios for BITCOIN

in #bitcoin • 6 years ago (edited)

Hi there. These are the two possible scenarios for Bitcoin in the coming days.

-Scenario 1:

This first option seems the most likely. I think the bottom has not yet happened. I say this because Bitcoin has broken the 61.8 and 65% fib. So, most likely it will go to 78% fib.

-Scenario 2:

This scenario would mean the begin of a new bull trend. We have to wait and see what happen at the 8700-9200 resistance. A daily candle closing above of the resistance, it would be a good signal. But, for the moment, we have to wait the confirmation.

THIS IS NOT A BUY/SELL SIGNAL, I'M ONLY SHARING MY THOUGHTS
-Do always your own research before trade and be carefull trading-

#cryptocurrency #money #altcoin #blockchain
6 years ago in #bitcoin by
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