$BTC TOP 20
Added 2024-05-14 09:48:31 +0000 UTC$BTC got another bounce on the 0.236 Fib yesterday, likely brought on by the meme euphoria but also this has been a support level since March.
So the price has been hitting support and bouncing to the top trend line and 50 Day MA and rejecting....so something will need to give shortly, as these trend lines merge on each other.
Breaking above the 50 Day MA will be a trend change and likewise, losing the 0.236 Fib will confirm the downward trend we are showing.
Big day today for PPI and CPI tomorrow, will likely play some part here.
