Hi everyone,
It seems that each time BTC hits a major resistance, price goes down to test support.
Each retracement is about 50% from the previous high.
According to history from the 6 last months, BTC price should drop back to test support around $6000/$6200 range.
With that said, price is getting constrained more and more with smaller price fluctuations. The end of that huge triangle may be close.
It seems that each time BTC hits a major resistance, price goes down to test support.
Each retracement is about 50% from the previous high.
According to history from the 6 last months, BTC price should drop back to test support around $6000/$6200 range.
With that said, price is getting constrained more and more with smaller price fluctuations. The end of that huge triangle may be close.