Back in November 2017 Bitcoin hit his all time high and now, sellers are struggling to take it down - below this rate.
This rate is curtail, if the buyers will manage to keep the rate above $20K long enough, we'll definitely expect for another rally all the way to $26K.
Trade safe!
Hello Traders,
New Thesis on BTC,
We may have had a blow off top and potentially be in the complacency stage of the Wall street cheat sheet,
Points to consider,
- Parabolic rise with a pull back of over 25%, the reaction rally which was expected
- The rally was short lived with below average volume
- Fibonacci target of 0.618 From daily ATH was met,...
