BitcoinSingkat
Downtrend resumption on Bitcoin.!
The present uptrend seen was a wave 4 retracement which has clearly been completed.Now we have a double top on the asset, which i think is caused by the excessive sentimentality of the naive investors who do not want to accept that they have bought the asset at the top and would have to cut there losses somewhere eventually.
its first target point being the 5980 point and eventual target for wave 5 completion being the $2000- $1,500 area.
its first target point being the 5980 point and eventual target for wave 5 completion being the $2000- $1,500 area.
Penafian
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