This retrograde starts in Aquarius and transitions into Capricorn - Air to earth transition.
Interesting price actions in past retrograde starts and finishes. have a look at my past Ideas for some random associative patterns.
This is astrology Dear Reader, so disregard this as advice.
This is not technical analysis.
Astrological charting indeed.
I've had a lot of success trading these 'magic fibo' numbers.
IF the price comes up to test the 61.8% retracement (~129.895) of recent down move, test it, fails to break through, reverses, we have a pretty, pretty good look here to make a high probability swing trade down.
We are looking to IDEALLY take profit at ~127.337.. I felt that volume profile was...
Another 'Magic Fibo' level hit, and therefore a profit target.
But.. $4900?! Sucks. This is the first bearish TA I think I've ever done on BTC, myself.
We'll have to see!
There should be some fierce support around $6460, the 61.8% retrace and volume profile POC.
IF BTC drops about this low, I'm buying a bunch, I know that..
I was late into this trade, so I'll...
