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BTC 5 day outlook

BITFINEX:BTCUSD   Bitcoin
BTC starting overdue to retrace after reversal from 7.3. After breaking out of the 4 hour cloud i expect trend to follow the bottom of the cloud with support from the kijun.

Reversal could occur at the .382 which would indicate sellers have found a cheap enough price to reenter. Retrace to the 50% Fib more likely. This level coincides with .618 FIb from last 6k reversal to 11.8.

MEME LINES > everything

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