Bitcoin / BTC - Where is it going next?

The fibo there is critical and as you can tell the 50% fibo didn't hold and hit my POC - point of control level in aqua blue. The red horizontal lines are daily support / resistance while aqua blue are POC levels.

Do note the dotted trend line is a weekly TL and a hit on that would be a third bounce if it holds.

With FOMC coming next week this weekend and next week for crypto will be interesting. So be cautious and patient while managing your risk wisely.

Original chart post -

코멘트:

Be super cautious about anything crypto as crypto may follow after es dowie nas movement....only 1 of 2 directions can the market go but the moves may be super drastic in either direction. With FOMC this week I do suspect we will see some minor movement prior with mostly consolidation as usual considering we have already dropped significantly. In these cases look for break out patterns...flags etc just like GJ and gold had recently including some of these indices.

THus far