Bitcoin Update, what is happening now?

By GranRethory | GranRethory | 7 May 2019

190903265-23b838ce1df3e741287e70772c6f4822fd4fde472a2b846052aba70fa38bdeed.png

190903265-076d02f0dae0584b29981ddb1bbfbeafb945e8fdc0c34eaf707045352ce4e446.png

Well, we have seen tremendous shock to the resistances, but bitcoin at this moment has come across an interesting fibonacci level.

From the last trap for bulls that occurred where they pumped and then throw the market by levels close to the 3.1k if we throw from said pump to the minimum this rise gives just 0.786 an interesting level for reversion, let's see how it manifests in the next hours.

Happy trading