Bitcoin Bump and Run Reversal Bottom Update for BITSTAMP:BTCUSD by Decodingthemarket

Critical Level 1Trillion Market Cap
Price is at 7.50% once again to reach 1 Trillion market capitalization Remember that bulls could not sustained Price Above
1T Support Level no more than 3 Months from late February to May 15th-19th
and Now is Approaching such a very Critical Level (Orange Box Level 1T Market Cap)
and Conflict with 0.618/0.786 Fibonacci Retracement
Expecting Resistance and Follow the Extension line Pattern (Blue Line)
Bitcoin May Have Enough Fuel to Reach Importan Level (1T) This Coming Week
But Be Aware that September in Average Monthly Returns is the Worse Month for Bitcoin
and Price May Continue My Unique and Very Personal Extension Line Pattern that you will not find anywhere
Be Aware That Most of the Time Price Drop at the end of each Month

Importan Note: If Price is Rejected at 1TMC Level Box. Price must Find Strong Support at the Yellow Box If Not!

Price Most Likely will reach Support at the Descending Trend Line (Red) and Do it, Once Again

Time Will Tell!!

Please Check the Same Idea that I Published on August 2nd to confirm the (Throwback to Trend Line ) was a Successes

Hope to see your Likes 👍 to Support My Work

To Follow all My Ideas Go to My Profile and Select the Follow Green button 😁

See You In the Next one!!

Most Related Links :
todayuknews Governmental News Finance News

Source link

Back to top button