SamSuka
The Long Investor
The Long Investor

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$BTC TOP 20

$BTC has passed the halving event with zero impact, in fact it held the 0.236 Fib at $59.6k

The big test now will be if $BTC starts to move down with the market, this would not be a good sign for bulls who have said that $BTC is a safe haven and the new digital Gold (as Gold pushes to ATH's)

I think a retest of the 50 Day MA at $67.2k will tell us a lot of information

A rejection here and this moves down and with the market, a break above here and $BTC has passed two significant tests.....holding during a halving event and going against the trend of the market.

$BTC TOP 20

Comments

Looks like we’re heading down with the market boys

Michael Castaldo

On daily, weekly, or monthly?

Mark T.

close above + retest

Mechanic

If we manage to close above 67.2k, I believe the ABC correction will be invalidated.

Mechanic

Any possibility of not going through the current ABC correction?

Dillon Lay


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