bitcharlie

Crunch price point around 8900

BITFINEX:BTCUSD   Bitcoin
Tightening equilibrium in weekly so we'll see whether we have a bullish or a bearish summer. On the daily, however, we have a couple of resistances to 11000 with is the next fib point. Scenario 1) inverted head and shoulders and retracement to 7600 for a chance to reverse. Scenario 2) we continue higher highs and higher lows in the daily.... then we may get to 9500 soon....
As always. I'm a noob so feel free to correct.
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