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Time2SayGoodbye
Feb 21, 2018 3:52 PM

BTC Possibilities - Do we Break the Downtrend Channel? 

Bitcoin / DollarBitfinex

Description

An interesting time for bitcoin right now, this daily chart shows what an important candle we are on.

3 possibilities are:

1) We stay in the downward channel and hit a new lower low.
2) We break 10k but the 61% fib level reverses the trend sending us on track to finally break the trend.
3) We move sideways for awhile before finally breaking out upwards.

What are your thoughts?

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