Bitcoin Update #03 - Don't be hopeful, be prepared!

Hi, today we are going to talk more Bitcoin and its current landscape.

We observe the weight of the Shooting Star pattern at the weekly chart, through this false breakout at the daily chart. The Fibonacci resistances usually are the strongest of the price action, since are universal mathematical levels, that in this case made the Bears hold that level with major strength, and so made a false breakout of the price.

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