Gh0stfac3

BTC Bearish Trend - 6k - 4k Possible or Bulls if Double Bottom

Gh0stfac3 Updated   
BITFINEX:BTCUSD   Bitcoin
I've been using this chart the past few days for myself, but since it's pretty accurate so far I thought I'd publish it.

If you find any value please upvote so I am able to post comments in the future. Still new here.

If we break the current range of trading we can see 8.5k where we would try to retest and break 9k although unlikely at the current time.

A double bottom at 6k is likely if bulls buy aggressively
Comment:
Short pattern has broken out but watch for bull traps until clear indication - stabilizing at 8.7

Possible inverse head and shoulders forming which would break out at 9k and meet resistance at 9.5k - 10k
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