BitcoinShort
Bearish BTC
On the daily and weekly stochastic RSI is in the overbought zone.
Using fibonacci, on the daily, price has not finished out the fib sequence to the d extension and had less than a 38.2 pullback.
We hit a d extension on the monthly.
Still bearish on this pair at least to 77K = 38.2 up fib retracement zone with inclination toward further downside potential to 68K = 61.8 up fib retracement zone.
Using fibonacci, on the daily, price has not finished out the fib sequence to the d extension and had less than a 38.2 pullback.
We hit a d extension on the monthly.
Still bearish on this pair at least to 77K = 38.2 up fib retracement zone with inclination toward further downside potential to 68K = 61.8 up fib retracement zone.
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