Prediction evidence

Da

Daan Crypto Trades

@DaanCrypto

$BTC Has made it to its .786 Fibonacci retracement level from the initial bounce. If you've been following me for some time, you might have seen me post about these before. Over the past few years, most of the major local tops & bottoms have been set after a strong bounce and near full retrace into the .786 fibonacci retracement level. This often makes it so traders & investors alike, expect the previous low or high to be broken, only for it to make a marginally higher low/high and continue the reversal. This is why this was a level that I had highlighted being pretty much the last stand for the bulls before the $60K level gets tested and likely gives in. So eyes on this area here. Bulls got work to do. Added the telegram post from a week ago with some additional thoughts. This is posted in my free telegram channel where I occasionally post additional charts and thoughts on the market. https://t.co/j7IcSHcJXs