Habib0601

BTC going lower?

BYBIT:BTCUSD   None
BTC rejected the golden fib that I gave yesterday in my update, broke below the daily open which was at 34,213 and just dumped from there to be honest.
We retested the daily at 33.5k giving you another chance to short if you missed the golden fib higher.

Now we are sitting at the weekly, and if we break below it we would look for the 31.5-31.8k area, and if we bounce, 33.5k is now resistance.

Any questions?

Good luck traders
Remember not to break your rules

Habib
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