SlckZybk

BTCUSD - Beginner Degree Technic Analysis

BITFINEX:BTCUSD   Bitcoin
I read that someone explain the decreasing of BTC as a Bearish Trap. Here are the indicators and formations on weekly and daily chart that i realize.
Actually, after the beginner degree technich analysis, i need to ask 'What if they are telling the truth?'

And as i see, it is really hard to foresee before break out Fib 0.618 resistance. But it is possible to say if BTC move up to 8207.5 USD and stay up there the Earth will have some new millioners.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.