toofasteddie

BITCOIN: Symmetrical triangle, fall inmiment

Short
COINBASE:BTCUSD   Bitcoin
OPTION A: BITCOIN falling to our excepted grown around 2950 USD, then, possible rebound up, depending on the first "height" it reaches we could forecast either an A-B-C upwards or a more consistent uptrend (if it's A-B-C the consequences are worst :-( )
OPTION B: Sudden rebound at 50% of the last fall and drop again lower than our previous ground... around 2000 USD will be our next consistent support... This option is also known as the "Dead Cat Rebound" and well informed crypto investors are forecasting this movement as the final capitulation
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