BTC/USD. Growth always ends in a fall.
Hello, gentlemen..
I apologize for such a delay in the posts - so the circumstances.
Now for all the main thing - what will happen to bitcoin. Immediately consider the stock chart of the asset for the last year.
Exchange "Bitfinex", timeframe is 3 days.
During the growth, which has been going on for a month and a half, the BTC price rate drew a well - known pattern on the stock chart - "upward- expanding cone". This pattern tells us that in the very near future the price will begin to fall. Moreover, the price is likely to fall below the lower limit of this pattern over time. I don't rule out $ 5500-$6000 levels. If we assume that we took a large timeframe (3 days), then the price, after a sharp correction, will fall smoothly for a long time - a month and a half or two.
In addition, in the very near future, before the beginning of its fall, it can reach the level of $8500, but not higher.
I ask you to take into account once again that the chart is presented from the exchange "Bitfinex", timeframe 3 (three) days
Good luck!
The @upvoteinvest team
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