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
Note
History repeats itself
Note
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Double Top Confirmed
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Analyses are NOT financial advice; DYOR
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.