Bitcoin - Bear market

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hi guys

Take a look at this daily chart , as we have now smashed through that support level highlighted in the red dotted line we could now be onway down to 5-6k region.

This would make sense with us completing a full TRIPLE correction (WXYXZ). This correction could take weeks/months to fully complete before we see anymore bull markets.

The weekly has also smashed through the ICHIMOKU support cloud and now acting as a resistance

Please leave a comment with what you think is going to happen!


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