Bitcoin BTC Feb 20 Morning Update - Technical Analysis

in #bitcoin • 6 years ago

Bitcoin is trying to break a critical resistance point and every trader is marking it heavenly bullish but I see a possibility which cant be ignored .
It's a good time to remember one of Warren Buffett's classic rules: "Be fearful when others are greedy, and be greedy when others are fearful."

As per my analysis this bullish nature is short term and bitcoin is preparing to fall again to complete the last wave of the wedge pattern . Please see my analysis below.

Short term target : $12961.
Would go down to $3500 to $4000 to complete the wave e.
Bitcoin_morning_update_02_20.png

#morningupdate #projection
6 years ago in #bitcoin by
$0.00
    Reply 0

    Coin Marketplace

    STEEM 0.20
    TRX 0.14
    JST 0.030
    BTC 64785.95
    ETH 3471.44
    USDT 1.00
    SBD 2.51