mortonpeak

BTC retracement paths, day trade

COINBASE:BTCUSD   Bitcoin
Since this am we experienced volatility in BTC. Here is a potential recovery path, today, with fibs at 15.0 and 15.4K

Trends drawn with respect to the prior four days, as a pitchfork along the collapse today. Should model some forward movement, absent shocks/ externalities.

Pitchforks is not as dramatic as it could be, just wanted to not spoil the price predictions, today with an overly vertical handle

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