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RE: BTC Gap Fill in Session

in GEMS • 5 years ago

In fact I wouldn't be surprised to see BTC soon at the $47K buddy, there is the .38 Fibonacci of the entire upside and it would be a very good point for a correction. It would be very healthy for BTC to correct to this point, so then start to gain strength for a rally to new highs. Here is a Fibonacci chart.

image.png

I am also observing a bearish flag pattern in the short term that could push BTC to these prices. Here is a chart.

image.png

As you can see the target of that flag is at $46K approximately. Best regards colleague!

5 years ago in GEMS by
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