Cudos to those who longed at 43k yesterday.
BTC is at a critical point where it’s trying to decide the next move. We’ll probably see a retest of the 43k level (0.618 fibo) and from there the next big move. If 43k holds then we may expect a double bottom and a possible uptrend continuation. If it doesn’t hold then a new downtrend is in progress.
For now I’m more with the bears!
Stay strong fellow traders!
BTC is at a critical point where it’s trying to decide the next move. We’ll probably see a retest of the 43k level (0.618 fibo) and from there the next big move. If 43k holds then we may expect a double bottom and a possible uptrend continuation. If it doesn’t hold then a new downtrend is in progress.
For now I’m more with the bears!
Stay strong fellow traders!