ALCHAMI

BITCOIN DOWNTREND CHANNEL TEST

ALCHAMI Updated   
BITSTAMP:BTCUSD   Bitcoin
looks like we are testing this overhead downtrend line once again. Will we break it this time? Weekends are week... great setup bitcoin.... LOL
Comment:
My target is still somwhere between the 61.8 and 65 FIB/ if we dont see a STRONG bounce from there, I will look to the next fibs below. BTC is notorious for faking us out just one step before we think, so WATCH OUT. We could easily break this trend line and stir up a bullish storm in this market 24 hours from now or
Monday morning in Asia.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.