Bitcoin Breakdown in Weekly
Updated
Bitcoin has flag in the daily, weekly and hourly.
If it goes down, it will go break past the hourly red support. If it does that it could go down further to the daily red support.
If it actually goes up, it may crack out of the green resistance in the hourly.
If it goes down, it will go break past the hourly red support. If it does that it could go down further to the daily red support.
If it actually goes up, it may crack out of the green resistance in the hourly.
Note
The hourly bars have lined up perfectly with the yellow drawn arrows! Lets see if it hits the 1st line on the fib chart - $51437.37
The weekly still looks like it's begging to drop back down, but momentum may keep it rising.
Note
Not only did it hit the first line of the Fib, it hit the next, and the next... damn BTC.
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