BTCUSD – Daily Inflection Point, Oh Boy!
BTC/USD COINBASE:BTCUSD
We’re at a crucial spot on the daily. We’ve rejected numerous times from the 50% retracement of ~68k-~27k, a crucial level to confirm the double top . Some people think a 30k drop is a correction in Bitcoin . In reality that is just a little noise compaired to the 90% 5th wave corrections we’ve seen in the past, you must view bitcoin logarithmically, and the real correction will be much greater, probably to 10k maybe in extreme events, 1k…
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This is not financial advice.
