When looking at the current state of BTC, we can clearly say that we are about to enter the Bull Market. Over the past 2 month BTC has shown great gains rising +69% since the 6th, February. And right now it has reached its "Bull Market Gate-keeper" the (4996 Eur - 5325 Euro) Resistance Level.
In my opinion, the price will retrace to (4153 Eur) Support Level, considering that there is a Bearish Channel pattern formation right at the BIG resistance.
This may cause people to think that the Bull Market is not coming and BTC will leave with out them after wards.
I am keeping an eye on BTC.
Leave a like if you have your eyes on BTC too!
Comment what are your thoughts! Do you agree or disagree with me?
In my opinion, the price will retrace to (4153 Eur) Support Level, considering that there is a Bearish Channel pattern formation right at the BIG resistance.
This may cause people to think that the Bull Market is not coming and BTC will leave with out them after wards.
I am keeping an eye on BTC.
Leave a like if you have your eyes on BTC too!
Comment what are your thoughts! Do you agree or disagree with me?