We can see on the 4H chart Bitcoin got rejected on two different areas if you will.
- Red horizontal daily support, which coincides with the 50EMA
- Or: wick got rejected at the 0.5 FIB level.
Either way I believe we might not have seen the end of this major correction.
Are you buying? Hodling? Selling?
- Red horizontal daily support, which coincides with the 50EMA
- Or: wick got rejected at the 0.5 FIB level.
Either way I believe we might not have seen the end of this major correction.
Are you buying? Hodling? Selling?
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