After reacting to the top slope from my previous post we've rapidly approached the lower slope, which has more support alongside.
The 38.2% fib retrace off the entire advance from the March lows & the 200DMA comes in at ~$40k. Also the previous top in January
Break through this support and it'll likely be an extended bear market
The 38.2% fib retrace off the entire advance from the March lows & the 200DMA comes in at ~$40k. Also the previous top in January
Break through this support and it'll likely be an extended bear market
