We shall see some resistance for a few days and then we would be testing the 8500s to scale up to the 9500s
Comment:
As we are below the support line of the long Fibonacci, we see that we may be expecting a correction down to 70k or 65k which are the next fibo lines.
Also we see a decompression of the RSI which indicates that BTC was overbought when it tried to reach the 85k line.
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Also we see a decompression of the RSI which indicates that BTC was overbought when it tried to reach the 85k line.