Case Study of 50% Retracements - Bitcoin

2022年1月27日

This is one of the most interesting case studies of 50% Retracements together at once that I can remember that Bitcoin is demonstrating over the last week.

The first Retracement Level was a rally off the recent low up to the time of the FOMC Meeting.

The second was the Crash as JPow was speaking.

The Current rally stopped at the 50% Retracement of the JPow speech.

This goes in my log book for case studies and if you study price action I suggest you do the same.