G0lden_Ra1n

Red Pill or Blue Pill [BTC/USD]

BITFINEX:BTCUSD   Bitcoin / Dollar
RED PILL:

BTC             will break the Trend line again and will drop between 5k and 3k.

BLUE PILL:

BTC             will bounce again on the FIB 0.786 and will break the downtrend1 to reach the FIB0.382 ( 14k             )


Kommentar: Obviously BTC decided to take the red Pill this morning so at this point I believe the next target will be 6k and from there I will check the RSI indicator if going in oversold.
Trade ist aktiv: I believe that Btc after a soft bounce will drop again between 5.5k and 5k.
I think that will be the real bottom of the dip, in case will break the supportive line n2 next target will be 3k. we'll see in the next few weeks
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