BTC Short-term 13 March

A small short-term BTC price movement forecast – compliments of yours truly

From big to small:

  • The large converging triangle is still in play – this apex of this triangle lies in mid-July (solid white lines).
  • BTC is still moving downwards after it’s last trip up above $4000. I expect a bounce around $3600 (solid yellow lines).
  • Interim BTC movements are in a North-Easterly direction and are accordance with diagonal Fib levels.
Made by Bit Brain with TradingView

The bigger picture looks like this:

Made by Bit Brain with TradingView

In the short-term I expect a BTC movement something like this. Volume is dropping again so the next logical short-term  move will probably be a dip.

Made by Bit Brain with TradingView

Yours in crypto

Bit Brain

“The secret to success: find out where people are going and get there first” 

~ Mark Twain

“By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.”

~ John Maynard Keynes

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