Thanks to Elon it looks like the rounded top in BTC is threatening to break to the down side. Here are my levels to watch. I would expect a significant bounce from the first level, but that bounce may roll over again. Given that the second level is the spot I will look to add heavily if we get the drop. Musk is setting himself up to start his own digital currency which will likely cause some serious volatility in the crypto space. This should lead to some great buying opportunities for those who missed the run up so far.
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Needs to double bottom here or 30K could come very quickly.
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Test the green zone once. Now trying to find a base.
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Rejected at 46K. Breakdown likely. 30k now in play if the 42300 level can't hold.
