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BTCUSD Sweet Spot Pre-Rally

By brentonyoung
BTC hit the resistance level and started following a bearish trend line. BTC dropped even more to the the Fibonacci Sweet Spot between 0.382-0.618 and has been tangoing on another minor support line. the 1.618 would have BTC near its ATH, but needs to break through a bullish trend line and resistance zone. If the two predictable outcomes happen, then we're looking at BTC back in the 19k range.
Beyond Technical AnalysisBTCChart PatternsCryptocurrencyTrend Analysis
brentonyoung
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