03/09/2020
Just a quick update...
If this is one entity buying and selling, manipulating the BTC price, it seems to be between fib levels .618 and .382 / .236 however this is just speculation and we could move down to the CME gap at 9600s if the level breaks or we could play consolidation within these levels for a while shaking out positions.. or then again, that could have been the correction and we would go higher from here.
The daily is looking bad but if this is 'the bull run', we should expect major moves like this.
I have been stopped on most of my positions by now so I'm just sitting back and watching this play out to see where it ends.
If this is one entity buying and selling, manipulating the BTC price, it seems to be between fib levels .618 and .382 / .236 however this is just speculation and we could move down to the CME gap at 9600s if the level breaks or we could play consolidation within these levels for a while shaking out positions.. or then again, that could have been the correction and we would go higher from here.
The daily is looking bad but if this is 'the bull run', we should expect major moves like this.
I have been stopped on most of my positions by now so I'm just sitting back and watching this play out to see where it ends.
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