I'm thinking that BTC gets a relief rally from the 100 day ema (yellow line) to $4400. After that we grind to to about $3200 for a healthy retracement to a historically significant level. The $3200 level is also a current confluence of a 50% retracement from that $4900 area and the trend line from the bottom. From there, I'll be expecting to get back into that upper channel.
DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. This content is poor speculation at best but I do it to learn and interact with the community (you all rock). YOU are responsible for your own investment decisions. I am responsible for neat colors and lines.
DISCLAIMER: I do NOT offer financial advice. I am not a financial advisor. This content is poor speculation at best but I do it to learn and interact with the community (you all rock). YOU are responsible for your own investment decisions. I am responsible for neat colors and lines.