GTWCA-8.1

& again. My dearest friends.

It is Gandalf The White & this is a quick update concerning the crypto market - mainly btc.
Of course we are under the cloud. We are below the 618 Fib lvl (right next to it - we fell to the ~6k$ area and it looks like we have bounced (not 100% sure - will have to wait a few more days)). Yesterday we might have bounced at a bullish trendline (draw an "extended line" starting from the 16th of July and the second point on the 15th of September - on Tradingview). Same for the bearish channel (draw a "parallel channel" from the 12.17th to the 1.7th and then go to the 12.22nd). We are at the 8k$ mark. RSI (relative strength index) looking good as well.
Long story short: Xbt could drop again but not too much and it looks like the correction soon will be over (hopefully soon going sideways and a bit upwards). We will see.
Good buymoment for btc (and lots of other coins) - there might come an even better one.
Have a look at: Bnb (Binance Coin) and ardr (Ardor).
And hopefully you had a not too bad January and generally had a good start into the new year. May February be even better! (;

Yours truly,
Gandalf The White

PS: Sorry for my bad Australian.

And I am not a qualified financial advisor - everything here is for educational/informational purpose; only my own opinion! Always do your own research!

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