BTC continues it's retrace within a tightening wedge.
We are now approaching a major level of support in the next few days.
I'll be looking for a major change in PA at around the $41,087 (USD) mark.
Could break earlier but even if it does, I'd still be more keen on a retest at similar price.
A break down further seems less likely but it is a possibility.
If BTC doesn't hold this major support I'd be looking at very low entries around the $33K mark.
As always, not financial advice.
Just my thoughts and TA.
Bingaz.
We are now approaching a major level of support in the next few days.
I'll be looking for a major change in PA at around the $41,087 (USD) mark.
Could break earlier but even if it does, I'd still be more keen on a retest at similar price.
A break down further seems less likely but it is a possibility.
If BTC doesn't hold this major support I'd be looking at very low entries around the $33K mark.
As always, not financial advice.
Just my thoughts and TA.
Bingaz.
