As we see, the price is running around of 0.618 Fib, at the same time, it is running in the descending triangle area, the big change will occur at the end, although the price has tested 6500 area twice, but the raise was not enough, the volume is not decline.
The market will repeat itself, so I think bitcoin will face a large drop, then touch 0.786 Fib and enter the sideways finishing area, volume will drop 70%, the time will be around 100 days.
The market will repeat itself, so I think bitcoin will face a large drop, then touch 0.786 Fib and enter the sideways finishing area, volume will drop 70%, the time will be around 100 days.