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H_Woodrow
Mar 16, 2020 6:32 PM

PREDICTION FOLLOWING BEARISH Short

Bitcoin / British PoundCoinbase

Description

I produced this graph on the 26/02/20. I had both options of price increase and decrease implemented, this allows me over the period of month to watch how BTC behaves. Initially, we followed the bullish line but we retrenched and followed to the bottom of the bearish line which was more steep than expected. However I anticipate, that we will move sideways until mid April. Either way if we reach the white lower support line which matches the 2018 downward trend. This is likely to be an over crypto market bearish correction.
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