EuroMotif

BTC due for near-term Bounce soon, maybe one small leg down yet

EuroMotif Mod Updated   
COINBASE:BTCUSD   Bitcoin
Quick post to map key supports nearby.
We should see a significant bounce soon.
Admittedly, the sentiment is ultra bearish .

35,075 - 242 might the end current wave down.
33,500 - 692 should be strong support for a bounce.
32,750 - 33k will be Bulls Last Stand before new lows.

Comment:
We have a bounce!

Significant bounce where expected
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Zoom IN (1 min) For a closer look at the bounce Nice! it was not 35 round by itself,
but the cluster fibs around it.

However, this is by NO means a sign of "bottom".
BUT, it would be a good start if US buys today, Friday.

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Comment:
Nice bounce thus far.

about 5% from the exact support but now we have 2 fibs defending 37 round.
Will be impressed if we get past 37 first push.

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Comment:
Almost 6% now

In minutes! and we got past the 37k resistance.
BUT expect a retest of 37k very likely.

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Comment:
about 7%

And that might be about it a bit 25mins to NYSC open, maybe the next move then

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