majorlee

Bitcoin and its Bull barrier but possibly lowest price for 2018

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
So after years of watching history repeat itself with the new year and bitcoin price action also following many fractals of previous patterns at play

looking back further using 12hr chart and fibs show so clear signs for the next few months

with the next days and weeks if breaching the red line of resistance bitcoin can recover to a huge recovery of 50%+ and most of the USDT alts with it

there is still chance of further downside action if MM's and whales want it to goto 6k area shown by the fibs

RSI is ripe for upward action, MACD also looking like it needs play

my friend @coinmajesty has given the date of the 7th feb as a pivot date, so watch this carefully

long term im bullish but just watch the price and any news that could send it further down to lower fib levels

2k is probably out of many peoples possibilties and mine too, but never rule it out if the charts show signs

good trades
Feb 03
Trade active:

still on risky ground here, gotta break that red line for me
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