#BTC - Fibonacci support and resistance
Hi,
So far, #Bitcoin broke the support and looks quite bearish, next support is 30K for double bottom support, if it breaks it, it'll invite a lot of short sellers drag it down all the way to low 20K.
PS: If TSLA confirms they sold their BTC positions, on Wednesday/Thursday SEC filing should confirm that, if that happens, it'll be a catalyst for short sellers to short BTC and push it down below 30k.
Good luck trading.
So far, #Bitcoin broke the support and looks quite bearish, next support is 30K for double bottom support, if it breaks it, it'll invite a lot of short sellers drag it down all the way to low 20K.
PS: If TSLA confirms they sold their BTC positions, on Wednesday/Thursday SEC filing should confirm that, if that happens, it'll be a catalyst for short sellers to short BTC and push it down below 30k.
Good luck trading.
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