BTC Crossroads
Updated
Looking at the 4hr time frame 
BTC we can see that a break below the trend line is possible if the price slides any lower. A break down would see the the 38% FIB ($7,250) and next support level come in to play.
However with the RSI currently sitting at 42, I believe this will fall to high 30's before a break to the upside pushing through the $8,300 resistance that has been tested 4 x.
BTC we can see that a break below the trend line is possible if the price slides any lower. A break down would see the the 38% FIB ($7,250) and next support level come in to play. However with the RSI currently sitting at 42, I believe this will fall to high 30's before a break to the upside pushing through the $8,300 resistance that has been tested 4 x.
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That played out nicely. BTC is very aggressive, nothing is off the table. A six figure Bitcoin is a real possibility, and it may happen much quicker than people expect.
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