$BTC Going For It! $65k Next Up
Just as expected Bitcoin is being rejected from the 200MA.
Bulls still appear to be in control, so we should test the .618 Fib ~65k.
The real line in the sand is breaking through the trendline ~68k.
IF we close above that, the bulla will be in full swing!
I'm still keeping 10% cash on the sidelines regardless for one last generational buy opp, although those days are looking numbered.
There's still a lot of macro conditions that are concerning, hence the Fed 50 bps rate cut.
Bulls still appear to be in control, so we should test the .618 Fib ~65k.
The real line in the sand is breaking through the trendline ~68k.
IF we close above that, the bulla will be in full swing!
I'm still keeping 10% cash on the sidelines regardless for one last generational buy opp, although those days are looking numbered.
There's still a lot of macro conditions that are concerning, hence the Fed 50 bps rate cut.
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