BTCUSD - Weakness Update
It took a lil longer than expected, but BTC has landed in target zone.
Currently, we are now seeing divergence in the opposite side... but this could get quickly invalidated on another strong leg down. It looks like hell right now.
I'm currently neutral for either a bounce here, or to see three waves down. Will play on broken trends.
If we break down, im expecting approx mid to high 9400's based on FIB and support lines prior to 10K pump.
Currently, we are now seeing divergence in the opposite side... but this could get quickly invalidated on another strong leg down. It looks like hell right now.
I'm currently neutral for either a bounce here, or to see three waves down. Will play on broken trends.
If we break down, im expecting approx mid to high 9400's based on FIB and support lines prior to 10K pump.
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