If the bitcoin bubble is to retrace it will do a 65% retrace.

Chart is self explanatory

It could extend to 80%, All the people that bought recently (November-December) are about to get tested...

Comment:

The time has come... Bitcoin may retest 6000$ Watch out

Comment:

It has begun, my expectation is that it will reach 8000$ before the 20th Jan

Comment:

It will bottom around 6500 and 7500$

Comment:

It didn't do the 65% retrace, but the weekly candle hasn't still close so the possibility remains, it depends with how much volume it retraces...

If it turns out that the retrace was just 30% as it is then this is a strong bullish sign...

Comment:

It looks like bitcoin won't go below 10k this month..

Comment:

Looks like we are heading to 6k now

Comment:

Bitcoin already retrace 60% so this trade is already a success.

Trade closed: target reached

Trade active:

Long from here ...
66% From the top, almost exactly... That is if we hold current support.

Trade closed: target reached:

Buying the dip is always profitable