With so much manipulation such as the convenient times to go down during pumps (yes Bitmex, I'm talking to you), BTC is still contained by support and resistance from the fibonacci retracement from the last 30 days ATH. I expect BTC to run along the last arc of the Gann square (a bit unorthodox but has been working well for me).
Comment:
I forgot to mention that if the Proshares ETF gets denied btc would most likely take the lower path, which it did.
Comment:
As expected btc continued running on the last arc.
T1 6865.7 reached
T2 7174.7 reached
I see btc retesting the 0.5 fib level and if we see enough volume and btc manages to hold at that level next target is 7500
T1 6865.7 reached
T2 7174.7 reached
I see btc retesting the 0.5 fib level and if we see enough volume and btc manages to hold at that level next target is 7500
Comment:
and btc fell from the edge of the last arc.