Bitcoin Form Bearish Channel and Going to ABC Correction
Bitcoin form bearish channel after Head&Shoulders pattern
Price hits 0.786 and should pullback before next leg of correction.
The next main support at $4700/5300
Price activity at that level will define next markets movements - 0.5 and 0.618 levels
But
At present time the price has a chance to revers because of 0.5 level
Bullish confirm at $6750
Price hits 0.786 and should pullback before next leg of correction.
The next main support at $4700/5300
Price activity at that level will define next markets movements - 0.5 and 0.618 levels
But
At present time the price has a chance to revers because of 0.5 level
Bullish confirm at $6750