BTCUSD has had some great news this week from being accepted and recognized as a form of currency in WA DC to major banks (Visa, MasterCard, etc.) accepting the digital asset as a form of payment. One area I am looking at now is the past area where price has wicked and failed to break. Today's movement has put us clearly into the buy zone but I won't say it is smooth sailing until that area (rectangle) is broken. A lot of good news this week especially since fiat currency is being hammered because of the zombie virus (the USD in particular).
I am looking to buy at least to that zone and see what momentum there is in the market. I thought we would have a much bigger correction than we did and it was a super shallow retracement at a Fib level that you don't even see on the tool these days .146%
I am looking to buy at least to that zone and see what momentum there is in the market. I thought we would have a much bigger correction than we did and it was a super shallow retracement at a Fib level that you don't even see on the tool these days .146%
