muhhgains
@t_muhhgains
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muhhgains
After this breakout we swiftly took out the 1.618 area and are consolidating above. Look for a move to the 2.618 level around 115k.
muhhgains
After this strong recovery, I expect a break to fresh local highs based on the measured move from the bottom of the dip. $61 is the first target on this play.
muhhgains
This is not the end. The fear this little dip brought across the market will scare lots of investors and traders. Those shorting here will be in for some pain as bitcoin break ATH either this candle or the next.
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