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If we reject the $10,000.00 price range the next significant support lies@~$8380, coming well withing the 78.6% fib retracement zone.
Buy @ $8350
Stop @ $7890
Quite likely that we will not see this retracement and blow straight through, because Bitcoin.
Good R:R short that I entered yesterday.
- Price rejected ~4400 area
- Fell back through a significant S&R area which I would have taken as a no-brainer long if price had spent a little more time above it.
- Good R:R
Overall I am still bullish BTC.