Bitcoin has completed a 0.886 shark from my last post. I labelled out all fib level from the original upward trend. I think bitcoin is going to head to 0.618 level at least, then bounce back to continue the upward trend as pitchfork shown. Or If it did break the pitchfork, we might see a downward trend to 700-800 level.
I spect some months of stabilitation for btc in this price range between 900-1250$ with a possible triangle in the making, for a nice and stady bull run in summer to new ATH (my target based in fibonnaci is 3-4.5k for the end of 2017). Simple chart and TA. Good luck everyone. https://www.tradingview.com/x/iU7M3DmY/
RED BOX: Expose current SUPPLY AND FRESH ZONE "(top of the sideways range)" GREEN BOX: Demand area expected, need confirmation yet . let see how much deep can go this wicks in daily chart. YELLOW EMA 21: Confluent with Daily white trend line. ::Key :: this asset look very extended, and likely for more. each DIP will be EXCELLENT for demand. but the ...
BTCUSD Crashed as Expected https://www.tradingview.com/chart/BTCUSD/L2tJkwLV-BitCoin-Structure-Test-Around-700/ It has broken below a trendline at 810, Next Target Could be 750-730 Where there is High Volume Pressure and on the Upside there is Volume Pressure Around 920, Break Below 730 Can Test 600, , Otherwise It can consolidate between 920-750.