Bitcoin is going to go to a new bottom!
Bitcoin / Dollar BITFINEX:BTCUSD
On BTC chart we see bearish flag or ascending wedge , but all of this is the signal of down trend.
Now we are waiting for a penetration of the pattern and the first aim is $5700. The cancellation of the fall is the fixing above $6850. Globally we still are in the down trend.
Personally, I would prefer to buy BTC near 5300 because I strongly believe that this price is the last chance to buy BTC cheaply.
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