salsapete

Bitcoin - indecision

BITSTAMP:BTCUSD   Bitcoin
Bitcoin appears to have made a double top .

Price has moved beneath the .382 retracement for this major move up since April 2019.

Indecision on price movement and low volatility has presented for this pair. Maybe the FOMC outcome will be catalyst to see volatility return.

Technically I would like to see a retest of the breakout level of 8800 ( near the .50 fib retracement) , before price once again reaches for the moon ( AKA December 2017) .



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