...and tell me it ain't coming back down. Yeah, it's without the log scale, but that's to show perspective. BTC has always retraced back to the start of it's bull rally (except for the rally from $1200-$1700). Say BTC does break to the upside, out of it's triangle - 51K is the last stop before crashing back down. It's gonna happen - No if's and or buts about it. And when it does, there'a gonna be bloodshed. It might not happen tomorrow or next week. It might take a month. But it's gonna happen.
The question is will you be ready and how you play the trades to take profit from fib retracements?
Good luck and trade safe!
The question is will you be ready and how you play the trades to take profit from fib retracements?
Good luck and trade safe!