AdrianZieniewicz

Bitcoin - $10k turning into resistance now

POLONIEX:BTCUSDT   Bitcoin / Tether USD
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This is an update to previous idea. Fib levels and trendlines to be considered support. Seeing how $10k is becoming a resistance now it is becoming more and more probably that we'll be sliding down to $5k.
Jan 17
Comment: Hovering around the $10k level. We'll see if it turns into a support or resistance.
Jan 17
Comment: I'm posting mkhaytman's analysis once again. Notice that the last stage of tumbling took about 2 days so we should keep on falling until tomorrow. If you're aiming for buying at the lowest possible price, then ready your shopping basket for tomorrow... unless we keep on tumbling down even more than we can call it a bubble burst.

Comments

10 k is exactly at 0.5 Fib retracement taken from historic low 158 $
if breaks then next golden 0.618 Fib at 7890 $
+1 Reply
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