I'M WRONG ABOUT THE LAST POST IN BITCOIN!

Let me know what you think that might happen right now?

I did made mistakes and change my mind at 2 hours after the chart showing weakness.
Right now, if this Fib level bottoming at 1.272 then we need see Bitcoin start to give us a sign that the price is Bottoming.
Which means could be forming a Bullish Reversal Pattern or maybe a higher high higher low sequence.

And if it breaks up the Descending Channel Resistance, we might see that Bitcoin will continue to the upside and retesting the $35.300.

But, still we need to be careful because if the Bitcoin Bulls cannot maintain this momentum, we might see that Bitcoin could go more lower than this level right now.
Check out my Ideas about the Rounding Top.

Disclaimer : Not Financial Advice.
Bitcoin (Cryptocurrency)CryptocurrencyHead and ShouldersSupport and ResistanceTrend Analysis

Related publications

Disclaimer