Hello Bitcoiners,
If you're still holding BTC, stay strong, we may have a recovery phase soon before breaking out.
Key points
- Fibonacci Extension level was tested twice and buyers came in, possible signs of bottom.
- Next Fibonacci Extension level is acting as resistance now, once we cross ~46K, short sellers will probably not take chances to be greedy.
- Stock Market Vix index has calm down, even though it rose little bit it didn't rise enough to be scary.
- BTC fanboys and Elon Musk needs to cool off, don't get personal with Elon, it'll hurt BTC, remember he hasn't sold his BTC and he still maintains he's a crypto bull.
Happy Trading.
If you're still holding BTC, stay strong, we may have a recovery phase soon before breaking out.
Key points
- Fibonacci Extension level was tested twice and buyers came in, possible signs of bottom.
- Next Fibonacci Extension level is acting as resistance now, once we cross ~46K, short sellers will probably not take chances to be greedy.
- Stock Market Vix index has calm down, even though it rose little bit it didn't rise enough to be scary.
- BTC fanboys and Elon Musk needs to cool off, don't get personal with Elon, it'll hurt BTC, remember he hasn't sold his BTC and he still maintains he's a crypto bull.
Happy Trading.