We've seen Bitcoin tumble to its previous support levels but holding them quite steadily and currently retesting them. We're also seeing a hidden bullish divergence forming on our Wave indicator. Looking to see if this price action can hold else we could be seeing a bearish flip coming. Updates coming next week - stay tuned.
BITCOIN MACRO TREND ANALYSIS A little while back we saw a post on Twitter of a Fibonacci Fan traced across the $USDT.D (The USDT Dominance chart) and noticed some very interesting peculiarities: most of the Fibonacci levels when touched indicated Bitcoin's bottoms/tops during various bulls and bear cycles over the last years. With that in mind we traced it...