Hi Guys,
The way we've been going up from the recent pull back to next Fibonacci resistance around $38k, we need to close above 38k on daily candle to invite more buyers to join in. Also, media has been spreading the #FUD regarding Bitcoin going back to $20k, usually 100% retracement doesn't happen that often unless fundamentals are very poor, not the case with Bitcoin.
Still Neutral but towards bullish side.
~Happy Trading
The way we've been going up from the recent pull back to next Fibonacci resistance around $38k, we need to close above 38k on daily candle to invite more buyers to join in. Also, media has been spreading the #FUD regarding Bitcoin going back to $20k, usually 100% retracement doesn't happen that often unless fundamentals are very poor, not the case with Bitcoin.
Still Neutral but towards bullish side.
~Happy Trading
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