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Bitcoin key area
First failed test of key ~11k area last night for bitcoin.
Break of this level eyes the 50% retrace off december - feb decline & top end of pitchfork
Downside should be capped by median line & 38.2 retrace off impulse higher
- 38.2% retrace off decline/22nd december low
- 50% pitchfork level
- 50% retrace January to February decline
- 100DMA
Break of this level eyes the 50% retrace off december - feb decline & top end of pitchfork
Downside should be capped by median line & 38.2 retrace off impulse higher
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