TheMentalTrader

bitcoin to 7200 USD bearish scenario

Short
BITFINEX:BTCUSD   Bitcoin
HEY HEY traders/analysts, hope you're having a fantastic day, in todays analysis I decided to talk about the bearish scenario coz since we are all bullish, its important to keep it in mind in order not to get WRECT.. if btc succeeded to form a horizontal triangle and breaks to the downside, its very likely to go towards the 7200-6800 area which comes in confluence with the Golden pocket on the fibonacci retracement tool.

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