BTC/USD Price Zones for Consideration
BTC/USD 3 day chart. Bitcoin following bearish channel since November of last year. Bearishly under 50 100 weekly EMA currently attempting to hold 200 weekly EMA as support. Last impulse from 69k top to 32.8k bottom took about 75 days to complete. BTC is currently 63 days into the current bearish leg down. Looks like market makers are playing the .618 retracement game. Strong Fib confluence area around the 14k area. Downward targets 28872, 25361, 22866, 20k, *15482-13479 (confluence area). Immediate resistance 30k, 32741, *34978 (confluence area).
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