$BTC Long-Term trend if we do not make a lower low
If you're leveraged long btc think about taking profits at the 1.618 levels and above.
Still need a weekly close confirmation above the weekly lower-high which is sitting at the 0.618 level
Still choppy af
- Bullish scenario BTC bullish divergence on the daily. If we break above 8.4k likely to see a retest in between 9.2k and 9.5k
- Bearish scenario - The chart is looking very messy, if $BTC fails to breakthrough 8.4k we will likely see another low toward the blue support at 7.9k