dragonfire1024

Analyzing possible second BTC crash in the coming days

FTX:BTCUSD   Bitcoin
Zoomed out on the 4 hour, and pulled left a little with support/resistance fibs indicator. Looking back on November-December 2019, was the last time the lower (green fib) dipped as low as it has the last 24 hours. However BTC broke out and went up, which hurtled it to 10k+ instead of taking the green fib down. This same green fib shows another dip, which as of this idea, goes far lower than the previous one in Nov-Dec 2019. BTC will have to catch the ride up again, or we could plummet below 3200.

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