This is my current viewpoint of what is currently happening in the crypto market. BTC has yet to close below my sell break level on the weekly time frame. I can see price potentially using this inner fib circle as a rejection point to recover to the next fib level. Volume is high, and we could see some potential insane moves to the upside.
Though, if price breaks and has a WEEKLY BEARISH Candle that closes below my sell break at 29,725, we could see a plummet to 20k
Though, if price breaks and has a WEEKLY BEARISH Candle that closes below my sell break at 29,725, we could see a plummet to 20k
