Hi there,
Before I start I will show you the total marketcycle of bitcoin. Its finishing this marketcycle. Expectation going down before a new marketcycle will start.
Then a more detailed look. Bitcoin broke through its resistance line and through the 61,8% line which means fully bullish character. (yellow circle).
I hear you thinking, till what level will it fall for a new buy in. That could be around $8600. A little bit above a little bit below. Keep an eye on it and make your own wise decisions. Good trade! 
Before I start I will show you the total marketcycle of bitcoin. Its finishing this marketcycle. Expectation going down before a new marketcycle will start.
Then a more detailed look. Bitcoin broke through its resistance line and through the 61,8% line which means fully bullish character. (yellow circle).
Note
A little mistake. When a said bullish character needs to be bearish character. My apologies!Trade active
Just to remind you, bitcoin is ending its marketcycle. Following the uellow arrow. Its fully bearish now under 61.8%. Next stop Fib-level lower or the one next. Quite some percentages losses to count. Good trade!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.