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derronpocci

Btc to drop once more before correction finishes

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Bitcoin (COINBASE:BTCUSD)  
derronpocci Updated   
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Technical Indicators
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Looks like a bearish pennant is forming at the end of the third Elliot wave correction. I think that BTC will fall once more to test the .618 level before we see the market shift back to the bulls.
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Bearish Pennant confirmed. I think the price will now bounce around the .618 level and then we will test to see when the bulls feel like coming back
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