Possible Bullish Bitcoin Price Movement

in #bitcoin • 6 years ago (edited)

Bitcoin Price Movement

                             Bullish view

We failed to hold supports at $7500 and $6800. We are currently at .786 Fib levels of wave 2 retracement. If it holds, it can follow the below chart pattern. Seems unlikely at the moment. Hence, it is important to look at the negative side of things so that we are not left unprepared.

btc.PNG

                        More probable Bearish view

If we don't hold our previous swing low of $5750, then we free fall to $5000-$5250 levels.

btc1.PNG

btc3.PNG

My previous post: https://steemit.com/bitcoin/@jpsarma/possible-bitcoin-price-movement

#cryptocurrency #price #supports #resistance
6 years ago in #bitcoin by
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