Bitcoin has made a nice run and hitting resistance at .618 Fib level $50,700. It is almost forming a evening star bearish candle pattern, todays candle needs to be bearish and as long as sept 2nd candle. If we close over the .618 Fib, I am bullish.
BTC in Sept has been a bearish the last 6 september's out of 8 years. Will history repeat itself??
I am looking to get in ETH and alt coins after a small retracement.
I think the FOMC meeting Sept 22nd will be next catalyst or before. Based on friday's economic data, NFP numbers missed bigly, so don't expect rate increases until 2022. Have a great long wknd!!
BTC in Sept has been a bearish the last 6 september's out of 8 years. Will history repeat itself??
I am looking to get in ETH and alt coins after a small retracement.
I think the FOMC meeting Sept 22nd will be next catalyst or before. Based on friday's economic data, NFP numbers missed bigly, so don't expect rate increases until 2022. Have a great long wknd!!