Hello fellow traders! It's pic here again. From the chart, we notice that Bitcoin (BTC) has precisely hit the 78.6% fib retracement. Coincidence? I think not.
Selling pressure has faded and the weekend is here, perfect conditions for a short term bounce! I'm long until around $7,900-$8,000, then I'll evaluate from there. Happy trading, don't get in a pickle!
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