First of all, sorry for my noob chart, This is my first chart, so bear with me.
from what I see from price action, the bitcoin are forming the same pattern again. The red line shows the most probable outcome if it mimic the history and the yellow one is the one I think its going to happen. we are going to test 560 and if we cannot break it, it give advantage to bears to push back bitcoin to 420 or worst case to 339. then price back to rise to 600ish in november or december.
Please comment
from what I see from price action, the bitcoin are forming the same pattern again. The red line shows the most probable outcome if it mimic the history and the yellow one is the one I think its going to happen. we are going to test 560 and if we cannot break it, it give advantage to bears to push back bitcoin to 420 or worst case to 339. then price back to rise to 600ish in november or december.
Please comment