Based on previous behavior in next 48h we will see if we are entering in a long consolidation phase between 38k to 60k or we will resume our half way bull run.
Everything is set up for another leg down to 41-43k :
1. 0.5 Fib magnet from 20k to 64k ( at 43-44k are) , despite oversold RSI.
2. Weekly 21EMA, we didn't touch it since 20 k ( near 44k ). And if it bounce back from that range 41-44k i think we will continue bull run.
Please let me know what you think ?
Everything is set up for another leg down to 41-43k :
1. 0.5 Fib magnet from 20k to 64k ( at 43-44k are) , despite oversold RSI.
2. Weekly 21EMA, we didn't touch it since 20 k ( near 44k ). And if it bounce back from that range 41-44k i think we will continue bull run.
Please let me know what you think ?
