Bitcoin Prediction BTC-USD

in #bitcoin • 8 years ago (edited)

Welcome to this update analysis on Bitcoin! As you can see on the chart, BTC -10.69% is dropping like a rock from the bear flag consolidation pattern. You can see that the breakdown is clearly continuing. My downside target looks like a magnet that's drawing BTC -10.69% directly toward it. With that said, it is not a 100% certainty that the target will be met. However, given the aggressive bearishness in this market, I think a test of the bottom of the downtrend channel (in pink) is highly likely.![]

#btc #usd #forx #market
8 years ago in #bitcoin by
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