After a hectic month of bitcoin falling it just might seem ready to start a rising or bullish pattern so just look out for that it might have to go and fill the wick to create an upsode down head and shoulder or just might be turning here though i doubt it cause wicks need to be filled before it changes directio, not always though, but you never really know with...
I think at where the fib ends should mark the spot where the sell trend might end but as asual bitcoin might not play by the rules so lets just be hopefull, and enjoy the sells for now, good luck traders...
So bitcoin is pretty much where it was before the big sell off and it will act like every other traded commodity it will push a little higher and after that it will drop hard again to its lowest, lowest high and build up again as is the nature of markets so it will be time to get sell orders ready as they say sell when high and buy when low, its going to be a hell...
Seems Bitcoin is on a decline for a bit and might keep at it for a bit maybe a few day to a wee or two and is a great time to prepare to buy especially when the tide turns as Bitcoin is a fast mover, this thing of crypto as future currency will only pan out if they can steady it because at this point I find it terribly risky for layman people or are they doing it...
