Bitcoin (BTC) Yet To Test $6,000 Before A Likely Reversal

2018-6-20 18:00

Bitcoin (BTC) price has continued to fall out of triangles since the big fall from $19,783 in January 2018. However, it is fair to mention that the triangles have become less steep over the time and the slope signals a pending reversal in the near future.

Having said that, it is important to note that for a reversal to occur Bitcoin (BTC) has to complete the current cycle. That cycle will only be completed when the price falls to $6,000 level and successfully bounces back from there.

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btc reversal bitcoin cycle triangles likely before

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