XYZ-Trader-

BTC 80% Retracement - High Probability

XYZ-Trader- Actualizado   
BITSTAMP:BTCUSD   Bitcoin
From the 4 month candle view BTC is still in an uptrend but it looks like it really wants to test between 10k- 14k.

That would make the 80% cycle retracement. If that's not support, then we could see a 90% retracement.
Comentarios:
We are testing the top of bull flag 2 which is also the last major breakout area. The market seems to think this area is important.

I suspect we will be testing 12-10k and 8.5k if things really get bad. $8,500 would probably send the market up.
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.