Bitcoin is preparing for a retracement
Updated
Bitcoin is going to have a retracement at 9600 which is between 0.618 and 0.5 Fibonacci levels. at 9600 EMA200 will cross all-time trend right at the point that there is a big CME gap to be filled out
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*Between 0.618 and 0.786. Sorry for the typoNote
Bearish Divergence before descending trend and the main trend line after retracement in white
10499 is the support and it will make a shadow down to 9600 in my opinion
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History repeats itself
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