SamSuka
The Long Investor
The Long Investor

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$BTC TOP 20

$BTC interesting place for $BTC to find support yesterday, right on the last green Fib level at 0.887, just slightly above the 200 Day MA.

So the bulls managed to save this in the nick of time before it was a full blown deceleration to the Wave C target at $51k.

This is not over just yet, this is only the first test of this level and there will likely be another test of the 0.78 Fib at $59k or the 0.618 Fib at $62.4k.

I would still wait for support to be confirmed before rushing in here......unless you have started a DCA strategy and are preparing to add if this goes lower and your intentions are to hold for Long Term.

$BTC TOP 20

Comments

You should be interested in BTC. Just as people should be interested in the Rusell2000 if they have exposure to cashburning startup companies prone to high interest rates.

Rene

I’m not interested in BTC and the reason want to to its movement due my exposure to altcoins only, for sure any BTC drop brings alts more downward

Baktash Azizi


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