When in doubtβ¦zoom out!
Currently sitting nicely on the 0.5 trend-based fib extension on the daily.
Discussion
π similar over here. Still hoping for a dip to 51k. Been waiting long enough
The white lines are areas of possible support/resistance. Would suggest waiting until a movement from around the $58,500 mark which has both golden pocket and area of support. Could be a good place to long/short if that is your thing?
I never short Bitcoin. It puts my principal on the dollar side. I only long Bitcoin with Binance's money. Looks like the FIB level didn't hold, let's go 51k gang!
Indeed, I donβt trade, I just buy more.
Looks like we will find out the direction in the next 24hrs
I think we just got that signal
This is what I see as support from back in 2021. Just got to wait and see how low it goes