#BTC is following a clear descending channel. Bitcoin is currently bullish, so we can expect to see it make a run to 13k-14k and reach the top of the channel. Once it hits the top of the channel we will wait to see if BTC will break the channel and climb back up or break down again to the bottom of the triangle at 6k. Lets hope for the best on this one.
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Hasn't went up one bit since I posted this lol.
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Whales are playing hard. Bitcoin dropped down right to the 200EMA before bouncing. From 19800 down to 7700 we see an exact 62% fib retracement which is the magic number on all charts. Thank god, we had a strong bounce back to around 9000. Hopefully the bulls come back now so we can get things going.
Bear market sucks but we must wait.
Bear market sucks but we must wait.
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and we hit 6k. JUST HODL