ralis24

BTC - thoughts

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COINBASE:BTCUSD   Bitcoin
Respecting my tweaked parabolic SAR settings for a heads up on re-entry. This could be a great "buy the dip" scaling opportunity as price hovers near the 50% fib retracement level. With the recent momentum I find it hard to believe that price falls all the way to the 61.8% level at 6550 but eyes remain focused on the 4 hour chart for directional clues. Note most indicators have not registered this much of a fall since the rally began as indicated by the parabolic SAR indicator an April 30th.
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