MegalodonTrading

CAN BITCOIN ACTUALLY GO TO $22,192? TOTALLY!

BITSTAMP:BTCUSD   Bitcoin
  • Potential Reversal Zone is between $17,000 and $13,900 for the Bears.
  • We just tagged a shorter term fibonacci retracement at 38.2% level ($9,770) and then, the price started making higher highs, signalling us the Bullish Market State.
  • If we can put this weekly W formation by closing above $11,341 for this week - we can potentially put the ABCD bullish pattern, taking us to first around $19,696 which is also the All Time High and, then, $22,195.28 which is also 1.13% fib. extension level
Do you think that China is behind Bitcoin's recent volatile move as expected here
Have you seen our latest backtesting results on BTC?
This indicator called the bottom on BTC

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