New path or continuation of the downtrend
Hi dear
Bitcoin is in a difficult intersection marked with two pitchforks at levels 0.5, 0.618 and 1 on the chart that can largely determine the direction of bitcoin movement. Although the downward price pressure is strong, bitcoin seems to be struggling to reach higher prices. The intersection of the lines and the central areas in the two pitchforks is very important in the process of continuing the path.
Bitcoin is in a difficult intersection marked with two pitchforks at levels 0.5, 0.618 and 1 on the chart that can largely determine the direction of bitcoin movement. Although the downward price pressure is strong, bitcoin seems to be struggling to reach higher prices. The intersection of the lines and the central areas in the two pitchforks is very important in the process of continuing the path.
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