BTCUSD: Possible Buy opportunities.

Bitcoin just made new highs. It slowed down as soon as it hits the 1.27 fib level. Showing signs of new resistance, however, based on my outlook, 3.7-4k is the main target for Bitcoin now. There are two ways to approach this, both requires the patience for price to retest previous high as the new support. If it breaks below the support. Then we potentially can get a Cypher formation bringing us an opportunity to re enter long.

Trade with care.