Hello Traders
A quick video update on my perspective on Bitcoin. I would highly recommend yesterday's video where I discuss BTC and Altcoins and how I advice playing indecisive markets.
From what I'm seeing on TA, we can see a brief jump due to some orders being filled around the golden fib line 0.618. However, currently I do not see enough buying pressure and volume for us to reverse to upward pressure. Therefore, I expect us to continue testing the 0.618 fib line. If we fail to CLOSE daily candles above this line, 29k might be in play.
Thanks for watching,
BlockTechEv
A quick video update on my perspective on Bitcoin. I would highly recommend yesterday's video where I discuss BTC and Altcoins and how I advice playing indecisive markets.
From what I'm seeing on TA, we can see a brief jump due to some orders being filled around the golden fib line 0.618. However, currently I do not see enough buying pressure and volume for us to reverse to upward pressure. Therefore, I expect us to continue testing the 0.618 fib line. If we fail to CLOSE daily candles above this line, 29k might be in play.
Thanks for watching,
BlockTechEv