IanWatson25

BTC/USD - correction b4 resurrection.

Short
COINBASE:BTCUSD   Bitcoin
Grey Block- 343 minute M.A.
Dark Blue Line- 77 day
White Line- 7 day
Light Blue- Present

With BTC getting off to a slow start this year, we may be expericning some short term FUD for a couple more weeks, expect sluggish BTC price to meet its fate with a short term bear market. Currently sitting on the .786 FIB, expecting a down trend until a good ole end of the month consolidation near the .618 (10,000 USD.BUY.). now is a time to be nimble and wise in the markets unless you want your lunch eaten. Best ALT bets might be coins with ability to sell in ETH/LTC/USDT markets, if one were to need to liquidate anything at a moments notice, especially! Take it Easy, cant lose if you dont sell ( dont sell low) (DYOR, Best of luck)
Expecting reversal that brings us to BTC +/- 20,500 USD by Valentines Day.


Local Support= 13,300 USD

Natural support= 9,700 USD

Local resistance= 14,800 USD

Next Major Resistance reached= 18,500 USD




(fib retractment not spot on perfect but stand by idea)
S/O Boss Method Brandon Kelly LLC
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