Another BTC Fake-Out retest of the critical level is Key!!

14 במרץ 2022

From the Daily chart here we have another fake-out where BTC has failed to retest the critical level at the 38.20% fibs @ $43,632 (14% gain away). Currently BTC is just sitting above another key level at the 23.60% fibs @ $37,768, if we fail to hold this price level as strong support, I believe we could see BTC breaking to our Heavy DCA level with another wick to the $33-32k (-13 drop from the current price) before regaining full momentum for another retest of the 38.20% fibs @ $43,632