After the completion of the 5th EW and then the immediate dump off of 72k resistance, I expect the pattern to continue and complete the final c off of 67k support. If it breaks this support I expect it to fall back down to the next support of 65k with a strong bounce
Volume on BTC has finally returned. Heading into FOMC on Wed, will we see a bounce off of 67k, or will we test lower ...
RSI on the 4hr is tapping 30. On the daily its pushing below 50. Heat maps suggest a liquidation cascade below 67k. Bulls will need to wake up soon and put up a serious fight in order to retest the 72k level.
As the saying goes, this will be...
