Bitcoin wicked to the bottom of the 0.618 Golden Pocket (26-28k). Getting below that could be a 18k bounce.
Outlandish prediction but possible. The Crypto market is relentlessly flaccid and isn't putting up a fight (yet).
Maybe the fight will be an aggressive V shaped bounce off the lowest reasonable Fibonacci support level.
The 0.786 FIB level would be the next major support just below 18k.
Note how this Fibonacci "Fits" very well over a long time period.
Outlandish prediction but possible. The Crypto market is relentlessly flaccid and isn't putting up a fight (yet).
Maybe the fight will be an aggressive V shaped bounce off the lowest reasonable Fibonacci support level.
The 0.786 FIB level would be the next major support just below 18k.
Note how this Fibonacci "Fits" very well over a long time period.
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