Bitcoin H&S / Supply & Demand Zones
So we touched the 127.2 retracement level from the 2 white pivot I highlighted in White which are price target from this Head and shoulder that is currently playing out on BTC, This area is also a high demand zone Which I don't see us melting pass until we go back and touch the supply zone. After we touch supply zone we should be good to go to head to the 2nd Demand zone which will be the 3-5k area for Bitcoin. I am Short on bitcoin until we reach the 2nd Demand zone.
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