welcome to new analysis , In reviewing Bitcoin, we took a look at the weekly logarithmic chart. After the fall of about 80% of Bitcoin, along with this popular and important currency, other currencies also experienced a decline.
As you can see in the weekly chart, the simple harmonic pattern of the butterfly formed and Bitcoin was able to complete the price up to $ 64 and then start to fall. In addition to this support, the weekly return candlestick model is similar to previous return candlesticks and report the possibility of bitcoin return, but if we lose this support, we will have the price of $ 20,000, which is a 100% correction of bitcoin.
thank you .
As you can see in the weekly chart, the simple harmonic pattern of the butterfly formed and Bitcoin was able to complete the price up to $ 64 and then start to fall. In addition to this support, the weekly return candlestick model is similar to previous return candlesticks and report the possibility of bitcoin return, but if we lose this support, we will have the price of $ 20,000, which is a 100% correction of bitcoin.
thank you .