BitcoinUpdated Hope everybody is getting their orders in....
Noticed that in previous bull markets, it is around this time that we retrace to either the 0.5 or 0.618. In addition, around 8.1k to 8.2k has played an important zone of support/resistance since 2017. Personally I'm laddering in bids from 8.3 to 7.2k. How about you all out there?
Note
I have a sneaky suspicion this price action is playing out similar to run between 2017-2018. If so we might be getting another wave up to 11200 before heading down further....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.