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BTC due to a pull back - 250418

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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It is clear IMO why BTC is due for a pullback... BTC has reached the 200ma now acting as a resistance, there will be profit taking now as well, so it is very likely that we will be going for a pull back now... perhaps to bounce in the 50ma which could act as a support?
My speculation here is that we can go as deep as a 61.8% retrancement IMO .
Other indicators showing an eminent pull back
-Stoch RSI over sold
-Volume going down
-Volume profile is showing low buyers interest area, usually an area of bounce

That is my speculation on it, take it for what is worth.

(FIB lines corrected)
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