since we never took the highs of 32300, i would be expecting abc retracement here to around 16-20k level
Note
if we reclaim 28k as support, that would be bullish enough for new highs, otherwise i'm really looking to sell around that cme at 28kNote
17th october fib timeNote
if you thought this Bitcoin pump was bullish, you might be very surprisedNote
a quick rise in price is often retraced just as quickNote
consolidation above support is not bullish, the lows being tested over and over again should be brokenNote
just taking the lows would be good enough for some bounce
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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.