Bitcoin down to $6,700 here’s a new bear idea.

Bitcoin down to $6,700 here's a new bear idea.

Bitcoin / Dollar BITFINEX:BTCUSD


Pink box or blue box or no box? Here is an advanced             super bot idea if were are heading for a blue box fractal . First thing I did was to note the volatility for 21st May and 24 May. Best fit was with 17th April and 21st April. I then reconstructed the volatilities of the April box for the one which could be forming now. Low is $6,700. This scenario would also fit in with my 12 May forecast #Bitcoin Buy zone between $7,271.3 and $6,745.1 which was supposed to occurr between the 12th and 16th May. There’s always the chance of global market turmoil that could see Bitcoin             nearer $6,000 under pressure even if we get the blue box completion.

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