Bitcoin will likely turn bear until 02/07/2020 $6,350 target

Jun 4, 2020

I believe that Bitcoin is likely to turn bearish any moment. We are coming up on a sequential 9 sell on the daily and already have a sequential 9 sell on the weekly. Multiple indicators are showing that a drop is very likely. Using Fib time analysis it seems likely that we will dump until 02/07/2020 and probably bounce off of the 61.8 fib retracement target of $6,350. This target has been historical support. Let the games begin.

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