Bitcoin's (BTC) Next Move????
Hi there!
I am looking for a leg start to the upside here people.
The recent retracement is testing the 23% Fib Fan line again.
That makes it the FOURTH retest.
Typically, I notice that the more a level is retested, the weaker the market is getting.
However, I have also learned (the hard way) that it is not wise to bet against the trend.
Therefore, since the trend is riding the 23% Fib Fan line nicely, I am still bullish.
If it drops into the 2nd quadrant, then I will take profits and buy the dip.
If not, then I expect the trend to continue and hopefully a nice catalyst boosts BTC to the upside to make new highs!
Good luck!
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