Expect a lot of resistance for BTC to reclaim and create a higher high and then hold a higher low.
We could see at every higher level, increased selling to 'cut loss'.
BTC needs to get above that major PURPLE support trend line, and fib level (around 42.6) to advance higher and then not lose the gained level by finding support against it.
If BTC doesn't get above 47 in the short term to make a higher high. more downside should be expected ahead.
Good Luck
We could see at every higher level, increased selling to 'cut loss'.
BTC needs to get above that major PURPLE support trend line, and fib level (around 42.6) to advance higher and then not lose the gained level by finding support against it.
If BTC doesn't get above 47 in the short term to make a higher high. more downside should be expected ahead.
Good Luck
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