Bitcoin loses power and seems to decline more. only an idea for future back test.
Long Term Analysis.Monthly Trend. Only My Idea to keep for future.
NEED BOUNCE UP TO 1760-1800 AREA TO NEW DOWN IMPULSE TOUCHING DESICION MAKING AREA OVERLAP WITH FIBO 38.2 TO COMPLETE CORRECTION AND NEW PIVOT CAN APPEAR THERE FOR UPTREND CONTINUATION PATTERN.
After good rally and made Base, breakout and continue to target.
Bullish Butterfly D point completed and standby for long Entry if 1761 broken.
Take profit area clear. When people are bias over long/short, fluctuations in contracted area made enough profit