Cloud edges on multiple timeframes, 0.5 fib retrace, bearish div forming on daily. Hoping to stop there and return to trending upwards at least into the 7k range.
BTC is bumping up against the bottom of the log trend line here. We've been on a tear upwards without any significant retrace. BTC is a crazy beast and can push through in situations like this (especially to draw a bull trap), but I'm not betting on it. If we do push through I'd expect we skip 9k and jump straight to 9.3 without much hesitation. What I think is...
