Remember that an airplane takes off against the wind,not with it
STRONG buying volume today. We're reversing course again and will fight our way back up this broadening wedge.
The monthly looks like death. The weekly shows that we're toast. Which is EXACTLY why this is the do-or-die moment for bitcoin.
My money is in. I am betting that bitcoin will prevail here. We'll save the higher time frames and bounce all the way back into the 40's again.
TARGETS
$35,600 - Weekly open
$37,250 - Monthly open
$40,000ish - Daily 200 ema
$46,800 - The .5 fibonacci retracement upward
$51,100 - A full .618 fibonacci retracement son
Where do you think bitcoin is going? Do you agree with this sentiment or are you still bearish?
The monthly looks like death. The weekly shows that we're toast. Which is EXACTLY why this is the do-or-die moment for bitcoin.
My money is in. I am betting that bitcoin will prevail here. We'll save the higher time frames and bounce all the way back into the 40's again.
TARGETS
$35,600 - Weekly open
$37,250 - Monthly open
$40,000ish - Daily 200 ema
$46,800 - The .5 fibonacci retracement upward
$51,100 - A full .618 fibonacci retracement son
Where do you think bitcoin is going? Do you agree with this sentiment or are you still bearish?