BTC is in the consolidation phase after a massive pump 9 days ago. While the 38.2% Fib. holds the plummets, a is also established in the 4H timeframe.
Base on modern chart pattern statistics, a on the market has 78% of a 28% advance and 95% of a 14% decline. As a result, in case of breaking out the pattern, BTC has 58% of reaching $12,100 area and it has 46% of meeting $8,100 area.
Published at Sun, 03 Nov 2019 05:12:25 +0000