Bitcoin having trouble getting through Fib Retracement 61.8%
How long will it be before BTC gathers enough momentum to break through Fib 61.8% ?
Or will it give up and drop lower so people can accumulate at a lower price?
I thought crypto would be soaring, now that the U.S. Petro Dollar is coming under attack from Russia, India and China. If they go ahead with their plans to dump the dollar, a lot of USD will come flooding back to the U.S. to cause inflation. But that hasn't happened (yet).
Or will it give up and drop lower so people can accumulate at a lower price?
I thought crypto would be soaring, now that the U.S. Petro Dollar is coming under attack from Russia, India and China. If they go ahead with their plans to dump the dollar, a lot of USD will come flooding back to the U.S. to cause inflation. But that hasn't happened (yet).
Comment:
13 attempts to cross the Fib 61.8% wall has failed. It's almost as if someone doesn't want BTC to take off, right now. As soon as it peaks a look above 68.1, someone hammers it back down so it closes below the 61.8% wall.
