Bitcoin Short term Speculation Idea
Technical Analysis
Downtrend show support at 20,127
Price Break the support to anchor at 17,620
Significantly rally breaking out of downtrend to set resistance at 22,000
Price drop back to the order block entry at 18,633
Ideal Entry @ 18,633 target to 161.7% golden ratio @ 25,322
Probability of spike entry @ 17,000
Ideal stop loss @ 16,000 if all hell breaks loose...below the spike entry
Speculation Date July 22, 2022 to complete the cycle to target