We put the Fibo covering the entire BTC graph. Today BTC is clearer.
- The Fibo level 38% match points 'a' and 'd'.
- The main trend and 61.8% match and today the price touched them. And match with c-b=e-d.
- Today BTC is en the best support, match with 'e' Elliot point.
- And last but not least, the great bullish volume¡¡ of today is equivalent to the bullish volume after China's past crisis in 15/09/2017. At this moment it is the first highest bullish volume in the history of the BTC (Bitfinexx - day temporality).
BTC has to consolidate the 7k - 8k, and then attack the upper part of the triangle (10k) and break the main bearish trend with great volume again.
we must be careful with future resistance:
9k-10k
12k
17k
20k
I would like to know your opinion
Yes, the price is totally low it is the chance to buy a bitcoin or invest in bitcoin. Because I believe the bitcoin will recover in the future, it is popular now in the market so that more people will encourage to use this to earn profit also. And when do you want to buy if the price is high again? Oh come on, compare it to the price on last year it is very expensive, as what I observed in bitcoin price it will recover and recover and pass the previous highest price.