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Retest of the 0.618 fib level before higher highs
Bitcoin
Short
Retest of the 0.618 fib level before higher highs
By BarryMcKokaner
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Nov 4, 2021
5
Nov 4, 2021
RSI is looking bearish, volume is slowing down, Ichimoku on 15 minute shows a rapid increase in volatility
Expect to touch as low as 50,000 with stabilization around 52,829 - right on the 0.618 fib
Historically November 5th - 17th have been dump days for BTC, happened previously in 2017 with a 25% correction, followed by more bullish increases
'the calm before the storm' as they say
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