0.786 fib level, will we flip it for support
Currently BTC has passed the .786
Watch for it to test this level again before we jump up again , this ATH is going to catch some people sleeping. The High will be in on this cycle while bears will come in and feed on Bulls fomo until every investor hopeful for the elusive million dollar bitcoin gets slaughtered
Until then. Hold on. We may have our top sooner than anyone wants to believe.
On that point , on a longer scale. I dont believe this is the top of this cycle and we may see another charge late this year or early next year.
Take profit , if we can't hold this fib, we will retest the lower fib as support if that takes place
Watch for it to test this level again before we jump up again , this ATH is going to catch some people sleeping. The High will be in on this cycle while bears will come in and feed on Bulls fomo until every investor hopeful for the elusive million dollar bitcoin gets slaughtered
Until then. Hold on. We may have our top sooner than anyone wants to believe.
On that point , on a longer scale. I dont believe this is the top of this cycle and we may see another charge late this year or early next year.
Take profit , if we can't hold this fib, we will retest the lower fib as support if that takes place
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786 appears to be resistance but we will have another run at it while we are in the pennant, as well as the rising channel -
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observe the multiple zones, we have to break one of them soon.