BTC - Another Picture Perfect Prediction

This is an update to our past two posts where we correctly predicted this BTC rally today.
BTC - 0.618 Support Tested

BTC - Current State of the Dip


As mentioned in that last post we are expecting a retest of the trendline as potential new resistance. What is interesting is this trendline coincides with the key price level of 98.4k. If we see seller start to come in around that level be very cautious as we could be in for another drop to the downside.

On the contrary, if price can start closing candle bodies above that trendline we should easily have the fuel to break 100k.
Trend Analysis

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