Bitcoin Losing Momentum On The Daily

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The linear charts below indicate Bitcoin is still going to find it's way through the bottoming process.

  • wedge to end of October.
  • Fibo retracement to 23.6
  • Support going back to August / September 2017, prior to the blow off leading to December 2017.

It's a bottoming process, I still maintain new highs ahead, just takes time.

Daily chart
Bitcoin - August 20, 2018 decsending wedge to November 1, 2018 fibonacci retracement.jpg

Daily chart
Bitcoin - August 20, 2018 decsending wedge to November 1, 2018 fibonacci retracement - stochastics losing momentum.jpg

Weekly chart
Bitcoin - August 20, 2018 decsending wedge to November 1, 2018 fibonacci retracement - stochastics losing momentum weekly.jpg

Ending......... Look back at the other posts. You'll understand that there's one more wave, meaning all time highs in the future.

All data and information provided is for informational purposes only. Trend Wizard makes no representations as to accuracy, completeness, currentness, suitability, or validity of any information in this post and will not be liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use. All information is provided on an as-is basis. I document this stuff for personal reasons as a log and share with the community...... only because I'm a nice person.

So in ending........ Use critical thinking and think for yourself.

Bitcoin Losing Momentum On The Daily | Ecency