The 0.618 fib level sits right at 68.6k where I plan to enter short and I expect some resistance to take place.
My short target will be 43k.
Another reason for me to take this short was stated in my previous DXY analysis where the DXY is putting in bullish price action (which can lead to bearish price action in bitcoin).
I hope this analysis finds you having a blessed day! 🙌
My short target will be 43k.
Another reason for me to take this short was stated in my previous DXY analysis where the DXY is putting in bullish price action (which can lead to bearish price action in bitcoin).
I hope this analysis finds you having a blessed day! 🙌