42,789 and 57 cents: BTC bulls MUST hold for higher low
Updated
Shown here is the "Genesis Fib" in three different timeframes.
42,789.57 has been a major battle line from both directions.
Loss of this fib again could lead to a big drop well below 40k
The Genesis Fib (click) has called all major turns since 2015.
Recently it helped us call the Top Exactly at 69k (must see this).
Few posts before called the 52.8k Breakout now needing revisit.
Earlier it gave us the perfect Breakout Entry from 45.1k to 69k.
42,789.57 has been a major battle line from both directions.
Loss of this fib again could lead to a big drop well below 40k
The Genesis Fib (click) has called all major turns since 2015.
Recently it helped us call the Top Exactly at 69k (must see this).
Few posts before called the 52.8k Breakout now needing revisit.
Earlier it gave us the perfect Breakout Entry from 45.1k to 69k.
Note
In space, there is no Up or Down, only Gravity:Here we are on the 15 minute, dipped below and came back to out key fib.
Now to see if we reject and fall lower, OR, more likely, to "orbit" some more.
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Note
Including the 57 cents, thank you ==================================================================================================
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Note
Ruh Roh!Fell thru to the 40,415 fib, Pinged with a dead cat bounce then fell through
So now we move our camp to 37,489 and wait there
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