BTC simple FIB Retracement
BTC is at the 61% fib right now - decent support.
There is no way to tell right now where it might go, but it would be HEALTHY to set up another BULL market AFTER it falls further.
BTC traditionally does bad in June and July.
I am a firm believer that BTC will shift BULL as we move into Fall and Winter, BUT for now I have orders set for:
- 78% FIB @21.5k BTC
- My personal favorite I have seen for stock options reversal, the 88% FIB @16k BTC
Feel free to share your thoughts.
There is no way to tell right now where it might go, but it would be HEALTHY to set up another BULL market AFTER it falls further.
BTC traditionally does bad in June and July.
I am a firm believer that BTC will shift BULL as we move into Fall and Winter, BUT for now I have orders set for:
- 78% FIB @21.5k BTC
- My personal favorite I have seen for stock options reversal, the 88% FIB @16k BTC
Feel free to share your thoughts.
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