reneordosgoitia

Bitcoin short pt 3 (Before the big upside movement)

BITFINEX:BTCUSD   Bitcoin
The price is right in the upper part of the channel trying to break it to the upside but hadnt find the strong enought to break it. So what we can expect is the price to keep moving inside the channel, while the price does not create a new high, the odds are inclined to a sharply drop, according the fibo extensions the next supports areas are 4700 and 4200 to catch the price before the big upside movement!

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