Bitcoin has been printing bearish momentum for a long time and 50 SMA will be crossing 200 SMA for the 3rd time in Bitcoin price action history. This ended up with brutal downsides in the past and .618 Fibonacci retrecement is waiting for us which is very well respected since December of 2020. If that Fib level can hold, it might be an epic bounce and we might some more bullish momentum by summer. If that .618 Fib Zone can NOT hold, we might possibly see some more downside.
I will be voice recording this idea to explain better than writing.
Best regards,
I will be voice recording this idea to explain better than writing.
Best regards,
