BTC Double bottom adam and eve theory
Bitcoin: Adam & Eve Double Bottom Reversal? $BTC
This has been a fantastic range to trade Bitcoin in so far, lets see if it continues.
Some long and short ideas for the coming weeks price actions.
BTC will follow the parallel channel down and test the major support level of $5756 with the 100 EMA helping act as support. If we successfully bounce of this level we will test the 0.618 fib level ($8072.1), which has become a major resistance zone. As the $5756 support area has been tested over 4 times it’s becoming weak and won’t hold much longer. Once this...