Bitcoin to pullback to its historical support before aiming high
Updated
After the Bitcoin Cash split and the segwit confirmation, there were some free money from shorting BCH and BTC got a fresh look with segwit. THe best thing that happened, is passing the previous top and finding new support levels at 2900-3000.
It should test those new support levels for a while before aiming for new heights. The loccal support of 3300 is a good trade signal. Check the RSI and aim for the next Fib level (@3700)
It should test those new support levels for a while before aiming for new heights. The loccal support of 3300 is a good trade signal. Check the RSI and aim for the next Fib level (@3700)
Trade closed manually
It aimed higher but without retracing. Not healthy for bitcoin
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