(BTCUSD 1D) The Good The Bad The Ugly
Bitcoin Is either going to continue down to $40,000 or $30,000. If we don't get a bounce and try to reclaim the $53,000 level from a bounce off one of these zones we're Phucked THAT SIMPLE.
KEY ZONES:
LOCAL SUPPORT - $40,000
MORE SUPPORT - $30,000 ( GOLDEN FIB LEVEL .618)
RESISTANCE - $53,000
If price finds 40k we will look for a bounce, If it breaks down and hold 30k then we will look for a bounce.
We're gone if price closes below 30k and retests and continues down.
Happy days Traders
KEY ZONES:
LOCAL SUPPORT - $40,000
MORE SUPPORT - $30,000 ( GOLDEN FIB LEVEL .618)
RESISTANCE - $53,000
If price finds 40k we will look for a bounce, If it breaks down and hold 30k then we will look for a bounce.
We're gone if price closes below 30k and retests and continues down.
Happy days Traders
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