BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin took a pretty big fall over the last few candles on the hourly charts. It sunk to about 9900 just a few minutes ago but has since bounced back to inside the cloud where it seems to be finding some support at the bottom of the cloud. How long that will last is anyones guess. I expected a move downwards as it would allow us to stay inside this big triangle. We also recently fell below the .236 fib which will act as resistance now. We spent less than 1 minute at 9900 so it shows that there is a lot of people ready to buy when BTC dips below 10k. Above the .236 fib we have the 50 MA (orange line) that may also act as resistance. We have plenty of obstacles above the candles. If anything can break above them its Bitcoin. RSI is pretty low which could support an upward push at some point. Daily volume is at $14,384,697,554 and Bitcoin dominance is hovering at 69.63%. Daily volume is holding steady at around 14 billion, but its the weekend and we may see that number decline over the next 2 days... But WTFDIK?
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