BTCUSD hourly watch - in a sh*tspot imo!
TLTR: Short term rise before a fall to 7300 zone.
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I do not recommend buying here or selling here at current price....
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Observe fib zones
Observe direction
wait for a strong channel break
I do not like this pattern LOL
As many of you know I hold no bitcoin at this time. BUT...I will be observing zones 6300 - 7300 for a buy in once more.
Price doesn't necessarily have to head all the way to 6300.
The way I see it is..... the more people want it that way, the less likely it will happen.
Overall, for those who missed an entry in Feb around 3300 could place their bets around 7300 for close to a 1/3 discount from the ATH of 20k zone. As many will view this as a zone where they can double their money from the most recent high of 13,800 if we dive deeper with a continued second drip....observers will be on the look out for a low of 6,400 - 7,300. I give or take $100 from either side.
but should I dare say it will go lower in the future???....I don't know....but I do know many big buys jumped in around $1,800 .... and BTC is bedrock ^_^
-----------------------
I do not recommend buying here or selling here at current price....
-------------------------------
Observe fib zones
Observe direction
wait for a strong channel break
I do not like this pattern LOL
As many of you know I hold no bitcoin at this time. BUT...I will be observing zones 6300 - 7300 for a buy in once more.
Price doesn't necessarily have to head all the way to 6300.
The way I see it is..... the more people want it that way, the less likely it will happen.
Overall, for those who missed an entry in Feb around 3300 could place their bets around 7300 for close to a 1/3 discount from the ATH of 20k zone. As many will view this as a zone where they can double their money from the most recent high of 13,800 if we dive deeper with a continued second drip....observers will be on the look out for a low of 6,400 - 7,300. I give or take $100 from either side.
but should I dare say it will go lower in the future???....I don't know....but I do know many big buys jumped in around $1,800 .... and BTC is bedrock ^_^
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