The Price of Bitcoin suddenly reached to $4200 and instantly dumped $3700. Since then the price has failed to reach that price again while only reaching to the price of $3950.
On the daily chart it seems to be holding since the dump but how long can Bitcoin hold while failing to reach the price of $4200?
Right now its looking to be a potential rejection of the .382 with a touch at the .236 fib level
In my opinion we have a lot more to go down before we can retest the upper ranges we haven’t had enough time at the bottom range for this to bear market to be over.
Follow me on Twitter if you want to see more:The Bully Pit Review🐳 (@BullyPitCrypto) | Twitter
The latest Tweets from The Bully Pit Review🐳 (@BullyPitCrypto). @Thewhalereports contributor 🐳 #Crypto. Technical…twitter.com
Bully Pit Crypto
My Medium Page:
Whale Reports 🐋 Contributor