From past candle behavioral patterns, such consolidation was a sign of support before a 0.618 Fibonacci Retracement. We expect a value around 6,700 - 6,900 (new Lower High on 1D/ 1W) before it resumes the downtrend:
@HamadaMark, hoping it to break down trend line in weekly and might go to 10k. Like your work it is helping me. Thank you for your great work.
HamadaMark
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@tradersydney, thanks for feedback bro and kind words
but breakdown means drop = red market yes we have a plan and it`s Bearish since Dec and Feb but if we love to see movement we love to see green move make all people happy and relax but this is market how is know
tradersydney
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@HamadaMark, you are welcome :) i wanted to say waiting to break above trend line in weekly. BTC has strong support at 6k so I am hoping and wishing as also has lots of Alts which I bought on the top :(
rektordrew
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Bearish for sure. This is coming back down
CryptoManiac101
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Ever wonder if Bitcoin is just in a major bull flag?
weslad
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Great work brother,
Perfect BTC call, super sell move, check it out guys