mortonpeak

BTC retracement paths, day trade

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Since this am we experienced volatility in BTC . Here is a potential recovery path, today, with fibs at 15.0 and 15.4K

Trends drawn with respect to the prior four days, as a pitchfork along the collapse today. Should model some forward movement, absent shocks/ externalities.

Pitchforks is not as dramatic as it could be, just wanted to not spoil the price predictions, today with an overly vertical handle

This document is for information and illustrative purposes only. It is not, and should not be regarded as “investment advice” or as a “recommendation” regarding a course of action, including without limitation as those terms are used in any applicable law or regulation
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