BTC due for a retrace after a strong run up. After seeming to struggle profoundly taking 16k, the bears may take over here. This is the last resistance before our ATH.
I have set up a buy zone centered around the .382 fib. This not only correlates with our most recently achieved dynamic support, but also with the high of the last bull run from 3k to 14k. This will provide substantial support and I will most likely be going long from here for the long run.
I have set up a buy zone centered around the .382 fib. This not only correlates with our most recently achieved dynamic support, but also with the high of the last bull run from 3k to 14k. This will provide substantial support and I will most likely be going long from here for the long run.