Simple price action chart with support/resistance
levels as well as a simple FIB retracement on the latest uptrend. Sometimes it is nice to keep the charts simple and clean. In my other charts I have been stating I believe a retracement to the 9k range needs to occur and this also shows that. We may see a little bounce from 9.8k but ultimately I don't see 9.8k as being a real s/r level
. Lets also not forget BTC
has not yet made a higher high or a higher low from the all time high so we are still currently very much in a bear cycle. A higher low will be made if we reverse back up before hitting 6k.