bitcion is controlling the move accros the board so similier analysis will be posted
TECHNICALS
there a a few reasons to by bitcoin this week
1- markets have come to thee resistance turned support.
2- markets are within the 61.8% fib level.
3- markets have made there 3rd touch of the supporting trend line.
however if market does break out of the support zone, wait for market to touch the 4 hour support zone of 59584.89 then enter a buy postion (if market is oversold when touching the h4 support then even more reason to buy.
FUNDAMENTALS TOOK LOOK OUT FOR
TBD
TECHNICALS
there a a few reasons to by bitcoin this week
1- markets have come to thee resistance turned support.
2- markets are within the 61.8% fib level.
3- markets have made there 3rd touch of the supporting trend line.
however if market does break out of the support zone, wait for market to touch the 4 hour support zone of 59584.89 then enter a buy postion (if market is oversold when touching the h4 support then even more reason to buy.
FUNDAMENTALS TOOK LOOK OUT FOR
TBD
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