thiefofsats on Nostr: Bitcoin in a nutshell. 4h, lower highs, lower lows, bearish af. We've been rejected ...
Bitcoin in a nutshell. 4h, lower highs, lower lows, bearish af. We've been rejected trice at the 50 RSI over the last week and the declining trend line speaks for itself. However, with the FIB support around 61k we're coming to the end of the wedge. If Bitcoin bounces the 61k range again we could see a trend change evolving over the next couple of days. If Bitcoin loses the 61k support the 0.618 FIB comes back to the table sitting at 51k.
End of month incoming, stack sacks and be happy!
Published at
2024-04-30 14:07:18Event JSON
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"id": "8ba7cc11371465aed2091b8dc3f9b6de13091e19e7e50c840354c068cb9b5a8e",
"pubkey": "e878c0928d466aaa0ef002af9692ff44176da81e7b991d53c21ced8231e5bfa4",
"created_at": 1714478838,
"kind": 1,
"tags": [],
"content": "Bitcoin in a nutshell. 4h, lower highs, lower lows, bearish af. We've been rejected trice at the 50 RSI over the last week and the declining trend line speaks for itself. However, with the FIB support around 61k we're coming to the end of the wedge. If Bitcoin bounces the 61k range again we could see a trend change evolving over the next couple of days. If Bitcoin loses the 61k support the 0.618 FIB comes back to the table sitting at 51k.\n\nEnd of month incoming, stack sacks and be happy!\n https://image.nostr.build/831e6bfeb33f869d0cbf6ab6177649d381fd59216429bf9e974f434966180a71.png",
"sig": "0d9a0177896eae0555924d7b3d9cf9d12e30efab5960d4f3ed6ba3f58fde4ff4894f6e662e665b28aa2864fb928c87acf245adaf9d6212bc805df372f6b0318a"
}
