Ohms09

BTC to $6800

Long
BITFINEX:BTCUSD   Bitcoin
Looking at the 4hr chart we see BTC is heading back down. The target is the $6800 level which matches up perfectly with the horizontal pink line stemming from the candle on the left. Bitcoin is repeating the 6th of the month trend, look for BTC to test 6800 around the 6th of June. It will dip just below 6800 to scare people into selling, but this will be a false breakout. Closing back above $6800 it will finally reverse barring anything drastic, when it breaks above the descending pink line I drew.
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