thiefofsats on Nostr: Bitcoin 4h, "just algos doing their thing" BTC is starting the week with the $61k dip ...
Bitcoin 4h, "just algos doing their thing"
BTC is starting the week with the $61k dip we've anticipated testing major support at the 0.786 FIB established over the last 4 months. Falling through this level puts the recent low of $57k on the radar and it would also put the 0.618 FIB back on the table sitting at $51k. A bounce would suggest that we continue to move sideways between the $61k and $71k FIB channel.
ANYTHING below $61k should be considered an absolute bargain. #stacksats
BTC is starting the week with the $61k dip we've anticipated testing major support at the 0.786 FIB established over the last 4 months. Falling through this level puts the recent low of $57k on the radar and it would also put the 0.618 FIB back on the table sitting at $51k. A bounce would suggest that we continue to move sideways between the $61k and $71k FIB channel.
ANYTHING below $61k should be considered an absolute bargain. #stacksats