Bitcoin ran this morning straight into the .786 fib resistance at 69.4k. If BTC can establish that as support the next take profit spot is at the top of the trend line at 71k
Bitcoin at the bottom of its regression channel here on the H4 and 50 day acting as support. Think the low is in on this dip.
55 ema aligning with the cloud too so worst case scenario 65. Bought more and looking for top of trend line 71k near term
Looking for a move to test the cloud (65-66k), and then a move up to 71k where I'll take gains on the trade. Also, possible that BTC will just trend straight towards 71k with no significant pullback
