42,789 and 57 cents: BTC bulls MUST hold for higher low

Aktualisiert
Shown here is the "Genesis Fib" in three different timeframes.
42,789.57 has been a major battle line from both directions.
Loss of this fib again could lead to a big drop well below 40k

The Genesis Fib (click) has called all major turns since 2015.
Recently it helped us call the Top Exactly at 69k (must see this).
Few posts before called the 52.8k Breakout now needing revisit.
Earlier it gave us the perfect Breakout Entry from 45.1k to 69k.


Anmerkung
In space, there is no Up or Down, only Gravity:

Snapshot

Here we are on the 15 minute, dipped below and came back to out key fib.
Now to see if we reject and fall lower, OR, more likely, to "orbit" some more.

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Anmerkung
Including the 57 cents, thank you Snapshot

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Anmerkung
Ruh Roh!

Fell thru to the 40,415 fib, Pinged with a dead cat bounce then fell through Snapshot

So now we move our camp to 37,489 and wait there Snapshot


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Fibonacci

the Golden Ratio is my Religion
the Trading View is my Nation
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