GucciBuddha

WE BOUNCE HERE : BITCOIN ANALYSIS SUNDAY JUNE 10

Long
BITFINEX:BTCUSD   Bitcoin
We definitively broke the diagonal trend line, but there may still be hope. The local top gives us a fib level which seems to be acting as support for Bitcoin around $6500. It could be the Wyckoff spring necessary to accelerate the next major move upwards. Further downside is likely is we drop below that price. Otherwise, I'm long above $6500. Proceed with caution.
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