Bitcoin is not surprisingly riding its way down the trend line. I see it going down to the $9000 dollar range bouncing off previous bottoms earlier this month. If it does go a bit further than the .382 Fib line is a good candidate for a bounce off.
Meanwhile we all can take profits if we were wise enough to ride these waves up and down. Within this month we have had a $5000 dollar difference that is roughly 70% gain. There is definitely room for profit!
I hope this brings some of you insight and learning opportunities, please leave comments and question down below lets start a conversation about trading and chart analysis.
This is intended for educational analysis
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