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cryptopreet

BITCOIN NEAR ALL TIME DAILY RESISTANCE- $4000 or $16000

Long
Bitcoin (BITMEX:XBTUSD.P)  
cryptopreet  
BITMEX:XBTUSD.P   Bitcoin
Trend Analysis Chart Patterns Bitcoin (Cryptocurrency) bitcoinforecast bitmex bitcoinprice XBTUSD xbt BTCUSD binance bitfinex
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trendanalysis chartpattern bitcoin bitcoinforecast bitmex bitcoinprice xbtusd xbt btcusd binance bitfinex
BITCOIN IS NEAR ITS ALL TIME HIGH DAILY RESISTANCE (RED LINE).TOUCHING IT HAS LED TO SHARP FALL. DISTANCE B/W PRICE AND RESISTANCE HAS NARROWED DOWN TO LESS THAN $150 ONLY. IF BITCOIN BREAKS RESISTANCE, WITH FIB RETRACEMENT OF 0.618, WE CAN EXPECT PRICE BOOM TO $16000. IF BITCOIN FAILS AGAIN,WITH FIB RETRACEMENT OF 0.618, WE CAN EXPECT A FALL TO $4000 WHICH IS NEAR TO ALL TIME LOW SUPPORT (GREEN LINE).
MY OPINION= BITCOIN WILL BREAK RESISTANCE AND WILL RIDE A BULL TREND.
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