Eyeballing a -50% move in BTC
Diupdate
=> Here we are tracking exhausted bulls running out of steam and eyeballing a break to fresh yearly lows.
=> Irrelevant ETF denials provided the ebb and flow for August however we are now back to a "normal" environment
=> Expecting bears to pull the handbrake here with stops above the previous highs this is a very technical trade targeting the fib extensions
=> Initial targets are placed at the AB=CD leg towards 4800 with ext towards 3200(edited)
=> GL
=> Irrelevant ETF denials provided the ebb and flow for August however we are now back to a "normal" environment
=> Expecting bears to pull the handbrake here with stops above the previous highs this is a very technical trade targeting the fib extensions
=> Initial targets are placed at the AB=CD leg towards 4800 with ext towards 3200(edited)
=> GL
Catatan
A traditional update to our BTC chart Catatan
First target 4800 reached... well done allCatatan
Second Target 4060 reached.. clean and simple ride...
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