Igor-Silva

Bitcoin Update #11 - Hello, I want to play a game!

BITSTAMP:BTCUSD   Bitcoin
Hi, today we are going to talk about Bitcoin and its current landscape.

Bitcoin reached an important Gann support that restrained the Bearish force. This level holds a massive influence on Bitcoin and could be the watershed needed to a definitive movement (Bearish or Bullish) as much as the force required to break 61% of Fibonacci and the double top above. However, it also works to the breaking of the support, that could bring Bitcoin to lowers levels close to $7.500,00.

That's the most decisive movement of the Bull run until now because we found ourselves in an interweaving of a miscellaneous of patterns and timeframes, in different positions. Gann its the harmonic element of this scenario.The diplomat that will define a continuity or the ending of the cycle.

Thank you for reading and leave your comments if you like.

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