Goodbye Bitcoin. DUMP!
Bitcoin long term analysis.
Bitcoin situation in weekly chart is not good. According to what I saw in last months with my new analyzing method in ALL time frames, Bitcoin has a dangerous situation.
If Bitcoin fails to break $4100 (Coinbase) resistance and stabilize there (in weekly chart), unfortunately, I think we will kiss $1900 support soon.
BUT if we meet $1900 (more than %90 crush from ATH) then we have a REALLY nice buying chance with X2.3 target!
This is what we know: if we can't break the $4100 then we reach $1900 easily and then we fly to $6300 (%230 profit). After $6300 we need a deep retrace because $6000 zone is a strong resistance.
That's all, good luck
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