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Gundex
Feb 8, 2020 11:47 PM

USD 10,000 breakout and big drop Short

Bitcoin / DollarBitfinex

Description

There're to formations which shows me the same result. Ascending Chanel - where we will break out from 10k up to $10,100-$10,300 and will drop until $8,300. And Triangle which will drop approximately for the same level till the base of triangle. Anyway my view is that current uptrend started on the US-Iran crises and follow upped by Coronovirus news. There were no any significant increase in market capitalization. That is why in my opinion we will have significant drop until halving, maybe we will touch December 2019 lows.
Comments
BTC_maximalist
i am with you 100
Gundex
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