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b_xt_r

BTC Hitting Resistance. Potential fall to 3800 if we get denied

Long
Bitcoin (BITFINEX:BTCUSD)  
b_xt_r Updated   
BITFINEX:BTCUSD   Bitcoin
Chart Patterns Trend Analysis Wave Analysis BTC bigwave5 Cryptocurrency crypto
4
1
chartpattern trendanalysis waveanalysis btc bigwave5 cryptocurrency crypto
we might fall to 3800 since we just tagged a fib and then continue on to 4100-4200 to finish off the local wave 5. Then an ABC correction to 3850 area
Comment:
This point 4 could bounce here or fall down to 3800. Chart is laid out with a more bullish sentiment in mind
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