Btc
2024-11-27

Bitcoin had a trend to break on the smaller time frames and found support on the fib retracement level of 91,700 area. We are currently back testing the previous trendline breakdown. We have to watch and see if this will flip into resistance and we fall to maybe make a double bottom Off the recent low or if we just blast up through this trend line and re-reset the old high.

I’m looking for a potential rejection of this tread line, but I will not make any plays until I find out for sure what it’s going to do just something to keep on the radar 