BITCOIN ALL TIME CORRECTIVE PATTERN!!!
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Hi guys,
This chart shown typical retracement/corrective pattern Bitcoin previously exhibits.
The Black dotted lines stand for supports.
The Green dotted lines are Resistances.
From the previous 2 Descending triangle corrective pattern, we noticed that after price brokout from it, there is always a retest before the major move continue.
Check this post out that shows how the price breakout and re-test on the present triangle.
BTC seems to bounce as largely expected of people that 58XX zone will do the magic. I saw a great analysis on the log scale showing exact price action on a re-test of major level. It worth looking at. If this is correct then BTC will be on with a great moves.
You can as well visit other of our posts.
Potential IHS in formation with target pointing at 8000$-8800$
Great recovery path for BTC, do have a look.
Possible next move for BTC
BTC Typical wave pattern
The similarities bewteen 2014 and 2018 seems so real, guys check it out and see those facts and figures we might be on for 8400-8800$ according to 2014chart.
This BTC channel show entire BTC lifecyle
This chart shown typical retracement/corrective pattern Bitcoin previously exhibits.
The Black dotted lines stand for supports.
The Green dotted lines are Resistances.
From the previous 2 Descending triangle corrective pattern, we noticed that after price brokout from it, there is always a retest before the major move continue.
Check this post out that shows how the price breakout and re-test on the present triangle.
BTC seems to bounce as largely expected of people that 58XX zone will do the magic. I saw a great analysis on the log scale showing exact price action on a re-test of major level. It worth looking at. If this is correct then BTC will be on with a great moves.
You can as well visit other of our posts.
Potential IHS in formation with target pointing at 8000$-8800$
Great recovery path for BTC, do have a look.
Possible next move for BTC
BTC Typical wave pattern
The similarities bewteen 2014 and 2018 seems so real, guys check it out and see those facts and figures we might be on for 8400-8800$ according to 2014chart.
This BTC channel show entire BTC lifecyle
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