#Bitcoin, In a line, the life. Volume decreasing, a new strong movement is coming. We still have pending the second target of the measure move in the 12k.
Bitcoin have a Coil/Rising Wedge which usually break for his lower limit. We could be close to see Bitcoin testing the rupture of his creek in the 0,5 or 0,38 Fibo, that is 50k or 55k.
As It was working before... this resistance and this figure is working from the elections, so as Al Brooks say, the price have 80% of continue do what it was doing... 3960-3800 objetive is possible
Currently we are about 5 to 10 candles that appears a crossing of Moving Average between the 100 and 200 one, forming a downtrend in graphics of 4 hours, formation called Death Cross. This is an update of my previous idea where a double TOP was formed in the last month at the height of $ 11,700. What gives us an idea of a bitcoin around 7,000 dollars in a few weeks.
