Bitcoin - 50% Retracement
Updated
Afternoon traders, I'm bringing you a quick update on BTC on the 1h chart.
Price structure is similar to the previous correction so I expect a pullback to the 50% retracement short term followed by an 8% decline to close off the week.
Enjoy your weekend!
Price structure is similar to the previous correction so I expect a pullback to the 50% retracement short term followed by an 8% decline to close off the week.
Enjoy your weekend!
Note
Price is on track for $30,700 today, I'll provide a long term view of BTC shortly.Note
Short term view for BTC on the 15m chart.
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