JonasBenjaminFriedrich

Bitcoin in target area like analyzed and one more push to come

Short
BITFINEX:BTCUSD   Bitcoin
Bitcoin has reached the 8000-7000 area like analyzed. I am expecting one more drop to the downside to come to complete a 1,2,3,4,5 move within a bigger C-wave. The level around 7K maybe even 6k is very important should this level hold we could se the start of another bitcoin rally. Should we however only get a small bounce and eventually fall under 7-6K there is a big chance that the Bitcoin hype is over and will not reinflate this time around, as Bitcoin then potentially drops to 1K and even under. Watch my big pictures analysis to understand more.
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