Bitcoin Downtrend till 2021steemCreated with Sketch.

in #bitcoin • 5 years ago

bitcoin massive correction down.jpg

Yet again, an unlikely but still an interesting scenario for the Bitcoin price development. What could be happening is an ABC correctional pattern, which might bring BTC price below the previous low.

If the scenario will become true, Bitcoin would drop towards $2,400, which is 88.6% Fibonacci support. The Fibonacci cycle shows, that it could be happening at the end of year 2020.

#price #forecast #prediction #correction
5 years ago in #bitcoin by
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     5 years ago 

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