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#btcusd Wicked right back to support, liking the R/R here but the low time frame downtrend shouldn't be ignored. I'm personally aiming for a bearish retest in the mid 50's next
My current guess for #BTCUSD
We've retraced the 61% of the breakout from the last range, I would not be surprised to see us range here for the next couple of weeks and play the fibs. Hoping that alts will be given a chance to run while BTC ranges. 61 NEEDS to hold.
Thoughts on BTCUSD
Daily just closed above the Tenkan, and we also closed above the 3d kumo as well. Was surprised to see that BTC was moving inverse to SPX today (they've been correlated the last few months) so perhaps this is the kick we need to a new bull market?
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