Having a look on the 15 minute chart btc has found a little bit of support at the 61.8 fib level of the most recent push. This also aligns almost perfectly with the top line of the previously respected channel.
If we see another bullish impulse from here, we will retest 84-8500 and either break through and push up to test 8600, or form a double top and head back down.
A break here will see btc head back down to the daily support at 8k.
Bitcoin (Cryptocurrency)bittrexBTCBTCUSDTCryptocurrencyFibonacciParallel ChannelSupport and Resistancetethertradetradingusdt

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