BTCUSD
We just retrace a little bit above the 38.2% Fibonacci Retracement (located at $9,800 USD) from the entire Bull Run since the December 2018 low on Bitcoin, we pierce the psychological level of $10,000 USD, and we made the minimum retracement required to correct the previous move.
If the $9,600 level that we hit today does not hold, the next level could be the $9,000 USD level, where it will meet with the 50 DMA.
Anyway, I’m starting to buy now at the $9,900 level, and if we get 10% lower I’ll buy more.
Good Luck in your Decisions
Comment:
We are making a beautiful bullish hammer pattern today. We could have seen the lows earlier today at around $9,600 USD. Seems like it.
