Bitcoin $8200 mark did not hold
So now we have support at $7300 and resistance at $7800
Things to watch for:
1.618 has been tested, so watch for a retest or bounce
Either a descending triangle or pennant is forming (too early to tell on the 4 hr)
Overall scenario...I see Bitcoin and the market slowing grinding down from here until we get a clear bounce
So now we have support at $7300 and resistance at $7800
Things to watch for:
1.618 has been tested, so watch for a retest or bounce
Either a descending triangle or pennant is forming (too early to tell on the 4 hr)
Overall scenario...I see Bitcoin and the market slowing grinding down from here until we get a clear bounce