BTCUSDT Bearish Now Bullish later
BTC Brock down the ( 0.5 fib resistance ) and we are waiting for the daily candle to be closed, which will lead us for one of these two scenarios :
1- Close above ( 0.5 fib ) : Which means that btc must visit ( 0.382 fib) which is 50K
2- Close under ( 0.5 fib ) : which mean that btc is going to very great area, the ( 0.618 fib) which equals 42K, this area has a strong resistance that btc will take some rest on it then jump to 0.382 easily
for me i recommend the second option cause btc needs some rest to continue growing
1- Close above ( 0.5 fib ) : Which means that btc must visit ( 0.382 fib) which is 50K
2- Close under ( 0.5 fib ) : which mean that btc is going to very great area, the ( 0.618 fib) which equals 42K, this area has a strong resistance that btc will take some rest on it then jump to 0.382 easily
for me i recommend the second option cause btc needs some rest to continue growing
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