This is my broad take on current bitcoin
structure. Bearish bat
, head and shoulder and evening star
candle formation (1D timeframe). All of these are signs to the downside of target around .50-61.8 on the fib before we see a decent stable ground. Bitcoin
has definitely entered a stage of complexity that is great for traders who have a good trading strategy. As we are now in the phase of a big side ways movement. This can be highly profitable for traders. What are your thoughts?
Trade with care.