Bitcoin BTCUSD Forecast - The Inevitable is Here!
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Chart shows a downtrend and although BTC is fighting to keep the price up, the momentum and pressure is inevitably driving the price further down. Spotted a possible Gartley Pattern in 4 hour chart and I believe it will drop to $9,000.
Events:
CME's first Bitcoin contracts will expire 26 January 2018.
This is not an investment advice, always do your own research.
Events:
CME's first Bitcoin contracts will expire 26 January 2018.
This is not an investment advice, always do your own research.
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BTC did not go below 10k but is rather moving sideways following CME contract expiry. Consolidation seems to be the case.
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