48 Hours Bitcoin Forecast. Expecting to fall to 2,150 - 2,300

Short

Bitcoin (COINBASE:BTCUSD)

Updated

COINBASE:BTCUSD Bitcoin

trendanalysis trendline wedgepattern bitcoin strategy forecast 1august tradingideas

Updated version of the previous chart. Already sold at 2,595. Will do high-frequency trading until saturday and buy big around 2300 to 2150 (gradually)

Comment:

will probably swing between 2560-2610 till reaching 2625-2650 ("b" barrier). then, the big fall will commence

Comment:

expecting a fall in the next 30 minutes 2,570 -> 2,500. probably the last 2-3 swings before falling under 2500.

Comment:

reached the b-barrier as expected. waiting for the drop now.

Comment:

also presuming it wont get past 2680 before the fall

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