dalvinchi

BTC beer flag short term perspective

dalvinchi Updated   
BITFINEX:BTCUSD   Bitcoin
Current bear flag target puts lowest target as $67XX. I do think lower trend line will hold which is around $68XX, if this is breached it's likely we will see $6000 which is also likely to fail in the event we get there so fingers crossed it doesn't!

On the other hand if we confirm $68XX as support above the all time high downtrend, we can then make the moves for $12k.

DYOR!
Comment:
Buy zone reached, if lower trend breaks probably 6k will too.
Comment:
$6K has held for now. Possible reversal soon

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