BTC 80% Retracement - High Probability
Updated
From the 4 month candle view BTC is still in an uptrend but it looks like it really wants to test between 10k- 14k.
That would make the 80% cycle retracement. If that's not support, then we could see a 90% retracement.
That would make the 80% cycle retracement. If that's not support, then we could see a 90% retracement.
Note
We are testing the top of bull flag 2 which is also the last major breakout area. The market seems to think this area is important. I suspect we will be testing 12-10k and 8.5k if things really get bad. $8,500 would probably send the market up.
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