Short Term Bearish Move for Bitcoin

10月6日

As part of the retracement wave (2) is not yet completed and the rally that we are experiencing is all part of the sub wave B of the second wave unfolding. Lower targets is highly possible

10月7日

评论

Market has pushed towards 0.618 level of retracement (64,xxx), we are now expecting a move down towards a possible retracement on a lower degree around 61k area or another push to lower levels (59,xxx) to complete the wave (c) of wave (2).

10月10日

评论

Market has reached target areas for short term bearish price move. We are now looking for a bullish divergence to trigger the reversal towards higher degree bullish targets, please refer to higher degree analysis for long term targets.