After a 17% drop over the weekend we now are back in a nice consolidation zone.
this level is right on our 61.8 fib level,
it also lines up with previous structure before we seen a move to 10k.
Short term we may head down and test the trend. IMO it wont break that overall trend and we will see another move up.
I am seeing a lot of these candles in this zone...
I am seeing signs of a retrace now.
we have failed again to break through the supply zone, forming a double top.
I think we will see a bounce around at the 1st demand zone before potentially breaking down to the second zone
XBT 4hr