BTC/USD - Critical 10 days for bitcoin!
Hi guys, BTC is finally coming to that time where we shall understand a little better where it is heading for.
When we look at the Fib re-tracement at every high of the chart we see that BTC continues to stall at the 61% level and go further down. That being said, we are also coming to the end of the triangle, will we finally see a breakout or will we continue to tumble? I believe that we have tested 5800 USD too many times already to go further lower. Therefore I am slightly more bullish then Bearish.
The next 10 days will be decisive, lets wait and see. Remember, DYOR!
When we look at the Fib re-tracement at every high of the chart we see that BTC continues to stall at the 61% level and go further down. That being said, we are also coming to the end of the triangle, will we finally see a breakout or will we continue to tumble? I believe that we have tested 5800 USD too many times already to go further lower. Therefore I am slightly more bullish then Bearish.
The next 10 days will be decisive, lets wait and see. Remember, DYOR!
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