Bitcoin

For the last week bitcoin and altcoins , the whole market has fallen sharply. Yes, it's downtrend now. But the market can’t always fall or grow, everything moves with corrections. There should be a correction after bitcoin reached the support zone, rally should continue. But for what this falling? Everyone is waiting for : when big money will come to the market, they already buy all the altcoins because no one will ever sell them in such quantity. Of course the biggest money will come when the market is at the bottom. The market is some entry point and exit point. My reasoning is that no one in the world can sell all the coins at the same time in the same quantity as it was last time, except for some guys - the crypto exchanges.
Technical analisys
BTCUSD reached support zone and support yellow line. And now I see many variants of the figure head and shoulders. Targets - fibonacci levels

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Trade chiuso: obiettivo raggiunto:

first target reached

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