sausumit

sausumit

Looks like bitcoin double top is in play. Possible target based on the depth of the trough, and it aligns perfectly with the swing high area $14k-$16k before the 20k breakout.

sausumit

Bitcoin breached the 200 daily MA. The current volumes doesn't show any signs of reversal. Based on the weekly moving averages and the Fibonacci retracement from last peak to the last bottom gives us possible zones to watch out for and setup you long term bids. Bitcoin has never closed below the 200 weekly MA and going by the current trend. It is highly likely...