BTC/USD 16H Time Frame. BTC is about to test a resistance and break through 1.618 with target 2.618. BTC last support hold at 40k is higher than the previous drop of 30k showing a confirmed trend break and continuation to the top. Most likely we are going to see new highs with this continuation trend. It may be helpful to see if altcoins are going to be outperforming BTC in the next couple weeks. BTC may outperform alt coins.
Looking for a break to the top side and retest support at 1.618. Most likely we will see lots of buying opportunities on its way up.
Looking for a break to the top side and retest support at 1.618. Most likely we will see lots of buying opportunities on its way up.