As we can see here , BTC made a breakout the little triangle that it formed the last few days. It's now going to reach a strong resitance and bounce because, a descending wave has to be in 3 steps: A fall, a pull back (1) and a last fall.
Why the 7200 ?
Because it represents the 61.8 % of Fibonnaci, most of the corrections end when this level is reached.
Then $BTC will start a new bull or loose its volatility for a few months berore the Bull Run can start.
Why the 7200 ?
Because it represents the 61.8 % of Fibonnaci, most of the corrections end when this level is reached.
Then $BTC will start a new bull or loose its volatility for a few months berore the Bull Run can start.
