Bitcoin - Bulls vs Bears

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin tightening near our 0.5 fib range as we form higher lows. An explosive move is due in the short term.

Bull target $7,200 USD

Bear target $6,230 USD

Dump target levels $5,800 USD
Oct 11
Comment: BTC 1D

We broke down from our Triangle and range heading directly onto our $6,230 USD level.

If bulls can maintain this level we are to upside for bitcoin. A break below our EQ + Blue Box and we are to see new lows headed into the end of the year.

Oct 15
Trade closed: target reached:
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