Bitcoin Price reversal April 08April 08 will probably be the first bearish day for bitcoin after a series of bullish runs in the past 2 weeks. To indicate this reversal, I have used the the trend based and time based Fibonacci drawing tools, and they have predicted the beginning of a reversal on the 8th of April. This might only be a prediction, but we have reason to believe that is is mostly accurate since the chart shows previous price reversals upon contact with Fibonacci lines.
Using key support and resistance levels, I have also predicted an approximate maximum value of $62,700 for BTC in this bullish run.
This idea is only published for educational reasons.
Thierry
