BITCOIN TO $48500 then $16-17k area? Potential Rally Incoming!!
In the previous cycle, price rallied from the bottom to the .618 level before retracing and failing to sweep the lows, signally the start of the fully wave of the market rally. With liquidity around the .618 area, a sweep of it could easily trigger a sell off towards the lows. Is history going to repeat itself? Get ready for fireworks either ways! Happy Trading!