Greetings Everyone,
Tread lightly in the markets as BTC is still in a very pivotal area. It's very possible we see another retracement down to the major trend line (Around 8650 - Binance). If the trend breaks, (whales rely heavily on them) I think we will blow through our white support lines and may catch a fib around 8250 or 7250. If you are bullish on BTC - anything beyond those levels we can only hope for a double bottom from recent low. If you are bearish - NOMNOMNOMNOM
Tread lightly in the markets as BTC is still in a very pivotal area. It's very possible we see another retracement down to the major trend line (Around 8650 - Binance). If the trend breaks, (whales rely heavily on them) I think we will blow through our white support lines and may catch a fib around 8250 or 7250. If you are bullish on BTC - anything beyond those levels we can only hope for a double bottom from recent low. If you are bearish - NOMNOMNOMNOM