BTC near term Retrace zones of interest: 40.4k a MUST HOLD
The current bounce wave looks to be done.
Now we watch and prepare at each support.
Which supports hold or not will be telling.
42,789 is the first support, a Genesis fib.
42,200 is next, Covid + local fib confluence.
41,405 is a minor support that may slow bears.
40.4k is the CRITICAL support that bulls MOST HOLD
.
This is an update to the fib picture idea posted here:
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Now we watch and prepare at each support.
Which supports hold or not will be telling.
42,789 is the first support, a Genesis fib.
42,200 is next, Covid + local fib confluence.
41,405 is a minor support that may slow bears.
40.4k is the CRITICAL support that bulls MOST HOLD
.
This is an update to the fib picture idea posted here:
================================================================================================
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