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BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
FLAG = Impulse + Correction

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After a significant drop in Bitcoin price , the price is in a correction wave.

What makes the chart interesting today is that:

. Bitcoin is likely to challenge the 18042 ~ 18227 resistance area .
. A break above 18227 could push the pair to the 19487 area .
. A resistance rejection , however could lead to another retest of the lower supports.

Will the Bitcoin see a rejection from the resistance area or an upside breakout?

No one knows it! We have to wait and see!

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Comments

Thanks for these posts. Very helpful.
+4 Reply
ForecastCity_ME sofi_Morphy
@sofi_Morphy, You're welcome
Reply
Very interesting info
+3 Reply
@Lizabet, Thanks for your feedback
Reply
Trust me!
u guys are spirits in Cryptos!
The good job keeps helping people!
God bless u guys!!!!!!!!!
+2 Reply
ForecastCity_ME Best_Forecast
@Best_Forecast, Thank you! We appreciate your comment. πŸ’ŽπŸ™πŸ’Ž
Reply
Awasome
+1 Reply
ForecastCity_ME substantialFer60710
Reply
When will it come back around 10,000 usd
Reply
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