BTC: Adam & Eve Still Go, But Careful in Case of Pullback
If BTC does cool its jets and pull back soon, we can still look to the 8.3-8.6k region for strong fib/price structure support and a continuation of the Adam & Eve pattern upward. However if it maintains its current momentum and the bulls defend all sell-offs, BTC is looking at 10k and higher sooner than later. Either way, always good to keep probable scenarios in mind in making responsible decisions considering risk-management.
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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.