Bitcoin
Short

BitCoin Falling From The Fibonacci Confluence Zone

Traders, Bitcoin has ultimately taken a bit of correction. This may still try at least once more to go back up but so far this is the first time it is falling and that too from our FCP (Fibonacci Confluence Zone).

Lower zones are my targets on the longer term. Remeber anything can happen in the markets. If Bitcoin can go up 70% without taking a break, if USOIL can go negative then BitCoin call fall as well to those downward targets and beyond.

Here is my previous idea.
BitCoin Extended Pattern & Zone - Possible Correction/Reversal



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-Vik

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The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
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Bitcoin (Cryptocurrency)BTCUSDfcpanalysisfcpstrategyfcpzoneFibonaccifibonaccianalysisFibonacci ConfluenceHarmonic PatternsMultiple Time Frame Analysisvikinsa

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