RE: Bitcoin to $7736?!

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Bitcoin to $7736?!

in bitcoin •  7 years ago 

Bitcoin Bear Flag spotted on 15 min chart $7736 very likely. Perfectly lands on 0.786 fib.

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Target of $7736 reached. Based on the trend seen so far, since we reached $6k we have seen higher lows even when we see a drop in price. It tends to float around the lower uptrend line. Based on this, it is likely that the price should now bounce back up. There is also a possibility for the price to drop to $7350 to create a double bottom which is a sure sign of market reversal. But the first scenario is more likely to happen.

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