Support now flipped resistance, 1h EMAs bearish and holding BTC down.
Highlighted box is .65/.618 fib on my chart and seems to be holding as support.
No matter how much bullish fundamentals there are right now, I can't help but think we go down for a bit, maybe a retest of 40 - 42k?
IDK....
Highlighted box is .65/.618 fib on my chart and seems to be holding as support.
No matter how much bullish fundamentals there are right now, I can't help but think we go down for a bit, maybe a retest of 40 - 42k?
IDK....
Commento:
Hoping for something like this if the bullish scenario plays out. Would be nice to have a correction though and I hear everyone say it..but remember, corrections can be time based too. Sideways trading and indicators reset so I don't think a huge drop is on the cards.
Commento:
Update: