Just a random rant about crypto. Finally BTC breaks out, but unfortunately I missed the ride. But I will not be in FOMO.. I will wait for the next pull back. I will not be excited to take long position. Theres always a room for taking long position. I hate to see my long position in negative or close to liquidations.
I believe Bitcoin might have a slight pullback between $62,600 and $64,800 because this is the 0.5 and 0.618 levels of the Fibonacci retracement, where the price normally retraces. Then we will see if Bitcoin will start to rally to a new all-time high or break down again to have another dip. Personally, I want to see Bitcoin bounce at $60,000 to create more support areas for its price.
Until next time!
Post a Comment