BTC is about to retest local trend like near 48500, if it holds it can go up, but if it fails then
we will retest the 0.61% fibo which is 44k which i think is more likely.
we will retest the 0.61% fibo which is 44k which i think is more likely.
Comment:
i think we will see 48k as there are not many shorts left to take out, and one thing left to take out for the trade algo is the longs and find new demand
Comment:
cant rise if people dont sell and dont short, money has to come from somewhere to cover longs
