Orriginal

Bitcoin Daily in Halving Week

INDEX:BTCUSD   Bitcoin
A Still in Range. CME Gap Filled. PA moving into Neutral Zone on MACD and RSI close behind.
This Week, we see the #BTC Halving and we also see PA bump into another Fib Circle, If PA is up near the current ATH line. Otherwise we hit that Circle Next week.
As you can see, the last 2 Fib Circle PA has come across while in thie range, it went through and then rolled down the circle line as support until it hit bottom of Range.
There is no knowing if that Will happen again.
There is resistance right over us now as can be seen on the VRVP on the right of chart.
Many are expecting a -30% Drop and if that happens, it is marked with the Orange line and would take us to around 52K USDT
Should PA break out of Range and Not Roll down that Fib Circle, as it has the strength to break through, we will easily see 80K USDT and then 88K USDT before to much resistance,
But, to many extents, we do not want to see to much of a push up as we need to keep some strength in reserve.
We have a Very interesting Week ahead of us.
Have safe guards in place and stay safe.

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