BTC finish to fall and will break out soon?
Hey traders!
Here is the update for BTC. It seems like we touched the support line of the previous movement, and Fibonacci confirmed it. Plus, the RSI crossed the lower edge, indicating we could potentially go up from current levels.
However, we can't be sure about the buying reaction yet. We're moving within a bullish flag, which is forming a support line a bit lower than the previous low of this movement. So, there's a possibility we might drop to the $53-55k zone.
What are your thoughts, guys? You think we finish 3rd correctional wave or can go lower?
Here is the update for BTC. It seems like we touched the support line of the previous movement, and Fibonacci confirmed it. Plus, the RSI crossed the lower edge, indicating we could potentially go up from current levels.
However, we can't be sure about the buying reaction yet. We're moving within a bullish flag, which is forming a support line a bit lower than the previous low of this movement. So, there's a possibility we might drop to the $53-55k zone.
What are your thoughts, guys? You think we finish 3rd correctional wave or can go lower?
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