The sky is falling, the sky is falling! No it's not. Part 2

This is related to my previous idea, and initial long term analysis of BTC. If you want to look even further back, that dip down to 7296 during the week of Oct 21st 2019, was also nothing more than a healthy .618 retrace of the reversal, and run up that started in March of this year.

The short term sky isn't falling unless we break down below 8500, and the long term isn't falling unless it breaks down below 7250.

That's what I see anyways, and as always, I have skin in the game, and money on the table supported by my analysis. Take it or leave it for what it's worth.

Komentar:

Well it definitely broke down below that level, but it's still oscillating about that .618.

Will be interesting to see what happens, lots of POC below, and a few above it could hit either of them next.