WadeYendall

BTCUSD Still on dump watch

BITFINEX:BTCUSD   Bitcoin
The BTC charts has looked like crap for a while now. Despite a few valiant attempts to base it has not been able to do so. It looked as if price was going confirm a base on Jun 3rd/4th, but a perfectly timed Elon meme tweet sent it rolling over again. Here are the levels below I have as potential targets/buy zones. Price has not been able to reclaim the 382 fib so we can expect the 618 fib below to act as a magnet. Many people are expecting this move so as I have mentioned before it may be one of those self fulling prophesy things. Any thing can happen, but momentum continues to favour low lows.

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