My idea of bitcoins direction

Hello fellow traders. As you can clearly see on the chart we are still in a downtrend whit the recent lower high. If FIB 0.786 dont hold we will most likly move down to FIB 1.0 around 5842USD.

Yorum:

On the long run, if FIB1.0 dont hold we can go to the red downtrend line around 5300 if it dont hold next stop can be around 4300 at 1.618FIB.
Good luck.