Amaan_Pathan

BItcoin Cycle Just Got Completed & Bullish Future Ahead

Long
Amaan_Pathan Updated   
BITFINEX:BTCUSD   Bitcoin
Well, First of all it's a higher interest rate year and U.S stocks sell off not done just yet..We will see more people taking out money from markets as it's behaving more of a casino than cryptocurrencies at the moment & in higher rate environment Gold never performs as a safe haven asset so it's in a bearish trend already. So, whats left for big institutions & hedgefunds to offset their losses....BITCOIN BITCOIN & the rest cryptos...

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Support & resistance levels

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it will be in a channel, so it will touch the support on channel and will bounce back...

Made this chart last night just woke up & it's going the way i predicted it last night
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it's much better...

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FIBS

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Bouncing back from 61.8 fibonacci

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looks like it's gonna bounce back...
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