Cryptonym_Real
Short

Bitcoin (BTC, BTCUSD) forecast logarithmic over coming months

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin logarithmic chart, with over head trend lines , lower level support lines, fibonacci overlays and an idea about how price action may evolve. Notice that the fibonacci levels have largely been respected on every dip and partial recovery since the December 2017 highs. We are now below the lowest Fib level, means that it's likely free fall down to $6000/$7000 territory. What happens after that is anyone's call, but I think the only thing that could stimulate a sudden projection out of the over head trend line that has inhibited another challenge of all time highs is incredibly good news and no bad news for a while. I don't see that happening.
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