Bitcoin analysis 11.06.18

in #cryptocurrency8 years ago

Bitcoin - at the high interval we go out from the wide triangle formation (lower red line). An important place is the hole - point "X" - the beginning of measuring the harmonic formation ~ 6000 USD. If there are no signs of demand (I will judge it by the shape of, among others, candle formations), then the scenario with the harmonic system #Butterfly - ended with 127.2% #fibo ~ 4500 USD - becomes very real in my opinion.

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