This Rally Ends At 64k
Hi all,
The hidden wyckoff accumulation on the lower level timeframes played out well and Bitcoin successfully exited the range to the upside.
Now that we are in the markup phase, slowly marching towards all time highs, there are important levels that i think will end this uptrend and give us a pull back.
Resistance is the fib 0.618 / 0.66 zone at 64.139 / 64.453
If we assume the rejection at that levels, then the pull back would be at 61k level.
So, take your profits along the way to buy back lower.
As always, trade safe!
The hidden wyckoff accumulation on the lower level timeframes played out well and Bitcoin successfully exited the range to the upside.
Now that we are in the markup phase, slowly marching towards all time highs, there are important levels that i think will end this uptrend and give us a pull back.
Resistance is the fib 0.618 / 0.66 zone at 64.139 / 64.453
If we assume the rejection at that levels, then the pull back would be at 61k level.
So, take your profits along the way to buy back lower.
As always, trade safe!
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