BTC approaching next Genesis level at 45,163. Will it hold?
Quick heads up regarding key levels to watch. The Genesis Fib has been spot on with all turns. Each level has been a battle in both directions.
52.8k was the Major support to have held. 49.1k was the nearest support which tried. 45.2k now the next hope for a bottoming.
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I do not use "Fibs" in the "traditional" manner (retracements). I use Fibs to plot "Ripples" (extensions) created by "Impulses". Then look for "Confluences" to map the "interference Pattern".