Биткоин

Bitcoin Catching Support!!

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Bitcoin has found good support off $32.3K, which was the inverse Fibonacci extension based off our head and shoulders pattern, then neckline of which, at $34K should provide formidable resistance. This is especially so since it appeared to form a lower bound to the consolidation pattern we saw over the past few days which has since broken down. We are likely to find value in the area between $32.3K and $34K if not collapse further to test lows in the lower $30K handle. It is still not out of the realm of possibility to test the upper $20K handle again.

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