Hello guys, hope you are doing fine.
Bitcoin is in correction phase and going downwards. Currently it is in completing the A wave of ABC pattern . I looked at the 15 min chart to get more details.
See my analysis below. The resistance point looks like about to break. and I am expecting another downward movement which might lead to lower than the last time low ($6000).
Hope for the best...
This is the scenario which I kept on posting in my blog for you guys to be aware of it and be ready.. If it happens then don't panic and buy the F*****g dip.
for details click the below link:
https://steemit.com/bitcoin/@sudipto.dalal/bitcoin-btc-feb-20-morning-update-technical-analysis
It could not hit the upper target and took the downward movement . This was another string indicator of lower low.
