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BITCOIN UPDATE: $BTC
This above 5 year BTC chart is clearly giving signs on what we might expect..
-BTC Right now is under pressure because it has broken down from the ascending triangle pattern and is back at $61,000 zone.
-Guys don't panic because, Bitcoin is doing just what it's supposed to do.. This crashing might demotivate you but this crash is necessary for Bitcoin to push higher..
-The crash isn't over!! according to me, I'm expecting Bitcoin to bottom out somewhere in the middle of October, if history plays out..
-I'm predicting bitcoin to touch around $38,000 - $42,000 zone. So those who are waiting for perfect entries can accumulate in this zone..