This crash was expected, one of the reasons I hadn’t been posting much was because there was nothing to do other than wait for the next dip.
As we can see, Bitcoin failed to hold the 4.236 causing it to slip to the 3.618 where it nicely bounced. Just be aware that if it fails to hold (close) above that 3.618 we might see a deeper correction.
A stop loss right below the previous low is recommended, but not necessary.
Bullish Targets: 70k, 89k, 130k
Bearish Targets in case we dip lower: 24k, 19k, 10k
As we can see, Bitcoin failed to hold the 4.236 causing it to slip to the 3.618 where it nicely bounced. Just be aware that if it fails to hold (close) above that 3.618 we might see a deeper correction.
A stop loss right below the previous low is recommended, but not necessary.
Bullish Targets: 70k, 89k, 130k
Bearish Targets in case we dip lower: 24k, 19k, 10k
