Be Ready For A 20%+ Pullback On Bitcoin

ที่อัปเดต:
Traders,

With the 100k psychological resistance almost hit today and just above that our 1.618 Fib Retracement from previous high in 2021 to its low during the bear market, I think it is time we consider some pullback from Bitcoin. I sometimes like to take a look a MSTR to see what it's doing as it often drops clues as to what Bitcoin will do next. Today MSTR dropped nearly 22%. That's interesting because the level of pullback that I have been discussing for Bitcoin is to that 76k price level, around 22%.

I may actually even pull the trigger and short BTC at 100k and then DCA in another load at 102k but I am not sure we'll even get there before we start to pull back.

✌️ Stew
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Our 90k level held even with the Jim Cramer effect!
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