BTCUSD is wandering between 0.382 and 0.5 Fibonacci levels for almost a week already, successfully bouncing from both. It looks like we need really big news to break free from this trap.
Technically we have two major scenarios here:
1) Crushing 0.5 support level (red line) and falling down to 8.5k
2) Breaking downtrend (blue line) and returning back to 15-16k levels
Anyway BTCUSD will reveal its decision before January 26 :)
Technically we have two major scenarios here:
1) Crushing 0.5 support level (red line) and falling down to 8.5k
2) Breaking downtrend (blue line) and returning back to 15-16k levels
Anyway BTCUSD will reveal its decision before January 26 :)