tinusbotha

BTC will it repeat itself a 3rd time?

Long
tinusbotha Updated   
BITSTAMP:BTCUSD   Bitcoin
Bitcoin during the past two months have formed an exponential ABCD pattern with bounces perfectly between 38.2% and 50% fib levels. We could see a 3rd bounce before continuation. RSI indicating a bounce but it almost seems to PERFECT.
Comment:
On the 3rd day since ATH price pushed down to 0.382 fib level for a 3rd day in a row. The bulls retook control and are pushing price back up however this might only be a retest of the ATH. FOMO is playing a big part here for the retest however RSI still moving towards target.
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