Finally, we got the pullback we've been waiting for: the first true test of the bull's strength after the massive rally we just saw from 6.5-9.7k. The results are in: on the 1D we barely dipped before seeing a consolidation and pump back up through 9k, which is currently holding very well.
We can see that the retracement was halted and bought up at a key support level in confirmation of an Adam & Even setup. Worst case scenario could be a double top at 9.7k, but either way BTC should still be heading up from here.
All eyes on the big 50 fib up at 12.9k, hope you sharpened your bull horns on the dip.
We can see that the retracement was halted and bought up at a key support level in confirmation of an Adam & Even setup. Worst case scenario could be a double top at 9.7k, but either way BTC should still be heading up from here.
All eyes on the big 50 fib up at 12.9k, hope you sharpened your bull horns on the dip.
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