Possible bearish target in BTCUSD
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In the last 4 years, Bitcoin has presented three main fast maximum levels followed by fast bearish movements.
There in the chart are 3 ABCD movements illustrating this idea, so that is why I am thinking the fourth is possible with a bearish target of 600 (above 0.618 Fib. retracement level for the last two years movement).
There in the chart are 3 ABCD movements illustrating this idea, so that is why I am thinking the fourth is possible with a bearish target of 600 (above 0.618 Fib. retracement level for the last two years movement).
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