I am not trading bitcoin until it breaks above 10,500 and confirms above it. If you are a believer in a post halving bull run you might find a good opportunity to buy either here or at $8600 levels. Should it drop to 8600 and hold support, that would make a good entry for a run back up to 9800. The ugly truth of the matter is BTC is on a leash and we may never see all time highs like we did in 2017. I am happy to be wrong on this matter but fear I'll be correct so long as it putters below the greater trend.
Note
More like $8800 levels should it bounce around the current fib channel.Note
It took 7 days, but as you can see it lined up and hit the 8800 level.
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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.