Daily Crypto Charts With Comments! Aug 9, 2018 : BTC Continues To Stumble In Same Pattern As Usual

in #bitcoin6 years ago

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BTC

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This escalated quickly.. But it's better to get over it sooner than later right? A minor correction up today, but DO expect further down. $5000 is the level we are looking at. From there we should correct up towards $6500 and then test 6800 and the 68,1 fibonacci which will give us an indication of the road ahead. This is also in october/november when ETF approvals/disapprovals will happen.

Keep in mind that if ETF's continue to be rejected, prices will probably continue to plummit.

 

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