Looked an previous price movements and this is around the average where it takes a breather from increasing so much in price action.
We broke down trend with a bang. Thats the great news. Now we have to see what the banks will do.
My guess is BTC might take a -10% hit from here only to trigger Whales at those depths.
Also coincides with a bounce at the 50% fib level from this most recent top.
We are in for a ride.
This is just the beginning
WELCOME TO THE NEW BULL MARKET
We broke down trend with a bang. Thats the great news. Now we have to see what the banks will do.
My guess is BTC might take a -10% hit from here only to trigger Whales at those depths.
Also coincides with a bounce at the 50% fib level from this most recent top.
We are in for a ride.
This is just the beginning
WELCOME TO THE NEW BULL MARKET