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Bitcoin is currently mirroring the move it had down. I have marked the chunks of candles in colours so it's easier to see. If we see another drop down to 3500-3600 I am looking to go heavily long there. 3600 is also the 1.618 bullish retracement fib using a fib-ext from the previous green top to red bottom to yellow top.
This is lining up perfectly with a 1st of January push, which could make sense because of tax etc.
Trade safe, stay hedged! I will keep updating the post, so stay subscribed!
Bitcoin is currently mirroring the move it had down. I have marked the chunks of candles in colours so it's easier to see. If we see another drop down to 3500-3600 I am looking to go heavily long there. 3600 is also the 1.618 bullish retracement fib using a fib-ext from the previous green top to red bottom to yellow top.
This is lining up perfectly with a 1st of January push, which could make sense because of tax etc.
Trade safe, stay hedged! I will keep updating the post, so stay subscribed!
Comment:
Cyan box is playing out according to the blue line I drew. Still on track.
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