I am not trading bitcoin until it breaks above 10,500 and confirms above it. If you are a believer in a post halving bull run you might find a good opportunity to buy either here or at $8600 levels. Should it drop to 8600 and hold support, that would make a good entry for a run back up to 9800. The ugly truth of the matter is BTC is on a leash and we may never see all time highs like we did in 2017. I am happy to be wrong on this matter but fear I'll be correct so long as it putters below the greater trend.
Comment:
More like $8800 levels should it bounce around the current fib channel.
Comment:
It took 7 days, but as you can see it lined up and hit the 8800 level.