BTC has been is a corrective mode after making a high of 73808.39 on March 14th.
The bears have already made a 17% retracement lower and am seeing a possibility of a bit more movement lower.
Currently looking to see if price might move toward the 100 fib extension of the current leg lower (59421.77) and the 127.2% extension at (57629.89)
Sellers need to defend the high made at around 66009.60 to keep the momentum in place.
The bears have already made a 17% retracement lower and am seeing a possibility of a bit more movement lower.
Currently looking to see if price might move toward the 100 fib extension of the current leg lower (59421.77) and the 127.2% extension at (57629.89)
Sellers need to defend the high made at around 66009.60 to keep the momentum in place.
