lets see if this bitcoin fractal plays out
Updated
that fractal can get BTC to around 17650, with resistance starting to show around 17936.
I wld be watching this very carefully as there is potential for a big dump around 18k.
if we are to maintain bullish momentum it won't drop much below current levels
There is potential to drop as low as 16k and maintain bullish, as long as we don't make significant new lower lows since 11/21
bears sound big and scary... but honestly I just don't think will drop to 12k.. thats possible.. still in the cards, but not what I'm seeing
tho I think there is a good trade coming up with this move up then down to retest lows
I wld be watching this very carefully as there is potential for a big dump around 18k.
if we are to maintain bullish momentum it won't drop much below current levels
There is potential to drop as low as 16k and maintain bullish, as long as we don't make significant new lower lows since 11/21
bears sound big and scary... but honestly I just don't think will drop to 12k.. thats possible.. still in the cards, but not what I'm seeing
tho I think there is a good trade coming up with this move up then down to retest lows
Note
Note
just a possibility to break down before up.. esp waiting for economic data tomorrow to set the tone leading to FOMCNote
Note
there's a fresh view on the daily timeframe ^^^
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