BTC Bearish scenario for the next months.
The rise in the price of BTC between Dec / 18 and Jul / 19 is only a rebound from the previous fall.
1.-has reached just 0.618 fibonacci
2.-He has also done pullback to the 2011-2017 line, which lasted 7 years before breaking.
This leads us to think that the BTC bear market is going to last a good time yet, therefore I don't think we will see ATH even in 2019, and probably not in 2020 either.
We will have to see the evolution in the coming months.
We must be very careful with purchases at these levels, only quantities that we do not need in the short term.
Good luck to friends!
Comments, likes and donations are all welcome. Thank you!
BTC:158d9VitiGpLGjB4wb8Ljg9PJcJbdSRHKj
BCH:qrq7plmw3zltgfkhdnmgpdl203aw60a9jck3sqv00p
ETH:0x66182Cb5b88c2b34CB9C76C5195b7Df8B3e25f08
DASH:Xg7FdLfr6ckx3sGezzj6PRCvuog7Eav6Ee
LTC:LQ5h8LvfejqSKqWzxGnf7Yh2d2qejdgJ5S
NEO:AP2MieTJ3gAHre5SFJr8husWhAvALtRZy7
1.-has reached just 0.618 fibonacci
2.-He has also done pullback to the 2011-2017 line, which lasted 7 years before breaking.
This leads us to think that the BTC bear market is going to last a good time yet, therefore I don't think we will see ATH even in 2019, and probably not in 2020 either.
We will have to see the evolution in the coming months.
We must be very careful with purchases at these levels, only quantities that we do not need in the short term.
Good luck to friends!
Comments, likes and donations are all welcome. Thank you!
BTC:158d9VitiGpLGjB4wb8Ljg9PJcJbdSRHKj
BCH:qrq7plmw3zltgfkhdnmgpdl203aw60a9jck3sqv00p
ETH:0x66182Cb5b88c2b34CB9C76C5195b7Df8B3e25f08
DASH:Xg7FdLfr6ckx3sGezzj6PRCvuog7Eav6Ee
LTC:LQ5h8LvfejqSKqWzxGnf7Yh2d2qejdgJ5S
NEO:AP2MieTJ3gAHre5SFJr8husWhAvALtRZy7
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