Update to my ongoing analysis of BTC movement. This plot is to map the nearby zones of interest. Everyone wants retrace (me too) but wow bulls!
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Here we are, confirming and retesting the first two resistance zones
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Bitcoin working its way through the resistance zones
Close up shows the PRECISE boundries forecasted by the Fibs
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Testing each resistance zone and then accumulating at the zone below but this last and highest zone has caused the largest pullback. Lets see if buyers can push it back into the zone.
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Bulls attacking the 5350 zone again, and getting rejected again but not as hard as last time (as one would expect) 5300/12 will be Bulls' First line of defense