$BTC TOP 20
Added 2024-08-11 18:00:23 +0000 UTCNo changes to the chart I uploaded a few days ago, the $62k level, where the 50 and 200 Day MA is at now too has been a resistance level so far and has been tested 4 times now, so over 4 days here on the daily chart.
I have added in the green fibs to see where a pull back for a higher low can come in next if it can not break above this $62k level.
Failure to hold at these green Fib levels and Wave C at the 0.5 Fib at $44k become a strong possibility.
Still work to do for the bulls, getting above the 50 and 200 Day MA and then out of the large channel above $69k.
$BTC needs to start breaking away from being correlated with the market.
