Back to 78.6K target

٧ نوفمبر

Morning guys,

So, BTC was able to hold ~68K lows, keeping short-term bullish context intact. Now market is overbought, so, in short-term we could get minor drop back to Fib support level - 72.8K and 70.5K, where upside action potentially could be re-established.

The upside target remains the same - daily AB-CD @ 78.6K level.