athishhy

BTC still in bearish market and it will continues till APR 2020

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BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
We all know BTC in bear market since Jan 2018. It is maintained in a arc channel and it is bouncing between the walls of the channel. Recent surge to near 7000 USD doesn't really mean anything , its just bounced out of the wall. It may or may not test the ATH of the year(near 7K USD) . Look at the any timeframe its overbought.

Yes you heard right BTC will definitely fall to 3200 USD range in a narrow channel as shown in the chart
It is a long term analysis of 3 years


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Comment: zoom OUT to have more clear picture

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