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darobsta
25 Th03 2018 12:10

Bitcoin - Let's repeat the dip to 6k, but smaller 

Bitcoin / DollarBitfinex

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Hi,

Our dip to 7.2k and double top is looking a lot like the big dip to 6k and double top at 11.7k. If we repeat that, and the bulls don't completely lose their minds, we will bounce off the 78% fib and the rising log support.

Things would get quite tight after that, as we get trapped between the descending line from 19k-17k-11.7k and the rising log support (3k-6k-7.2k). Both lines have 3 touches and are the battle lines between bears and bulls.

Good luck!

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