All Charting/TA: Eric Choe (follow on Twitter)
i symmetrical triangle from yesterday broke upwards as expected but rejected by the .5 - .68 resistance zone from retracement level of (B)
ii bear count still stands
iii expect some channeling and retest of the resistance zone
iv no more drama pls (sideways and roll over, back down unless volume (buyers step in)
UPWARD Bounce would most likely hit range: $7165.21 - 7170.40 (USD)
BEARISH TREND CONTINUES
BITCOIN IS NOW SOME $2500 DOWN BELOW THE 200 DAY SUPPORT
BEARISH: BTC WILL GO DOWN $1000 - 2000 MORE
BULLISH: One more wave down to test $6400 then $6050
#bitcoin #btc #market #trend #money #investing #finance #trading #blockchain #technology #digial #currency #life #blog #ta #elliot #wave #fibinocci