JTess

Start of a pullback....

BITFINEX:BTCUSD   Bitcoin
So with the .68 fib zone not offering much support and getting close to our liquidity box I expect btc to have a pullback at least to the 6500 range and could see it falling back to the 6320 area before we get any real push in a bullish direction. we were unable to hold over the downtrend resistance from the 8450 previous run up we had...I would start scaling into a position slowly in the 63-6500 range bc we still aren't in the clear and could still form a new lower low on a daily time frame. stay tuned and I will keep you all updated on things to come in this ever changing market

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