TheAussieBogan

BTC Possible correction to get more fuel for the rocket to Mars

BITSTAMP:BTCUSD   Bitcoin
With a close double top to ATH, my thoughts are a profit take from lots of old 2017 bag holders.

IMO this may correct down to old support & resistance level's around $11,000 ish.

If we break lower thru that zone box much lower price action will follow.

Lets hope we just refuel for the rocket to mars.. Early to Mid 2021?

I do notice that the June 2019 top at 14k is at our current retracement fib level of 0.618 is this coincidence?
Is that were we only retrace to before bullish action to new ATH?

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