Bitcoin Retracement

Hi fellow traders,

Bitcoin had a good rally and is starting to retrace. Looking at a 2h chart, I expect it may retrace down to right above .618 fib level where we had a resistance on Apr . 4th (+9 GMT ). This area is also right above the downtrend line, so it would be a good chance to test the trendline . I think this would be a reasonable and healthy correction unless manipulated. Any thoughts and comments welcome.

Happy trading!
評論: Aaaah! I marked it, but doubted it. The small second bull flag played out after all. Nevertheless, I do not think this will go too far, yet interesting to see how far Bitcoin can go.
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