bitgains

Bitcoin buy zone 1600

Long
bitgains Updated   
BITFINEX:BTCUSD   Bitcoin
Touches Green support line.
.5 fib line (around 1600)
Volume coming in; see latest volume bars.
Touched the trendline.

Each time crypto dumps like this (fud), it jumps back, (see all the history).
We're not done yet with crypto, just starting. The world is not on this yet. 1 trilion has not been reached yet. Many reasons why it will go back up.
Please I invite you to discuss why not.
Trade active:
Buy at 15600
Comment:
Looks like a double bottom has formed.
Near .5 fib area.
If volume moves in and price stays above .5; we're back up!

Comment:
Hidden bearish divergence and moving lower.

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