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BagsInSight

BTC Dropping to 45K and possibly further!!! Short Term analysis

Short
Indice Bitcoin (BITMEX:XBT)  
BagsInSight  
BITMEX:XBT   Indice Bitcoin
Trend Analysis Chart Patterns BTCUSD BTC btcshort btcshorts btcshortsetup btc_usd btcforecast btcusdanalysis btcanalysis
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trendanalysis chartpattern btcusd btc btcshort btcshorts btcshortsetup btc_usd btcforecast btcusdanalysis btcanalysis
BTC gave us a fakeout above 60k and has since failed to find support at the 54-56k range sending us down to the 48-51k levels. It looks to me that this pattern of a rounding top may fractalize and continue a 3rd time sending us to 44-46k before any type of bullish correction in price.


THIS IS NO FINANCIAL ADVICE IT IS STRICTLY MY OWN PERSONAL TECHNICAL ANALYSIS THEREFORE IT IS MY OPINON.
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