BTC Primed for a Pullback

cryptomeeks (53)in #bitcoin • 3 years ago

Bitcoin has rallied to test it's 0.618 fib and failed to break through. I believe we are entering a pullback period here of 12-20% to reverse to the upside at either the 0.382 or 0.618 fibs.

If you are trading BTC pairs, it might be wise to shift some back into BTC here.

I took profits in XTZ/BTC which I entered into about 6 days ago at about 0.00078 and recouped my BTC at 0.000118 for about a 45% BTC gain.

I have the following BTC pairs on my watchlist which I will patiently watch and wait for a set up:

DASHBTC

RVNBTC

STEEMBTC

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3 years ago in #bitcoin by cryptomeeks (53)

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dwarrilow2002 (65) 3 years ago

I assume that you are talking about fibonacci-retracements when you wrote "0.618 fib."

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