After several failed bargains with the daily 21, Bitcoin is now dropping for a couple of days reaching the support zone and finding new partners to barbain with - the 61.8% retracement from Junes' highs and the 38.2% retracement from 2017.
While following current trend lines, Bitcoin is heading towards a retest of the daily 100 around 8.9k, most likely also piercing towards the 50% retracement, following patterns from 2017, before pulling back towards the daily 55 around 10k.
While following current trend lines, Bitcoin is heading towards a retest of the daily 100 around 8.9k, most likely also piercing towards the 50% retracement, following patterns from 2017, before pulling back towards the daily 55 around 10k.
Comment:
Linked the wrong idea, check out this one!
