BTC was rejected from the previous support and resistance zones.
This is definitely not what Brother Duo Jun wants to see. After experiencing a nice +15% rebound, it lost momentum again a week later. That said, it's the beginning of the week/month now, and we often see new monthly candlesticks bringing about drastic fluctuations. These are usually not the strongest highs/lows set at the new moon. So, in the coming days, the 0.786 Fibonacci retracement is worth paying attention to.
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BTC was rejected from the previous support and resistance zones.
This is definitely not what Brother Duo Jun wants to see.
After experiencing a nice +15% rebound, it lost momentum again a week later.
That said, it's the beginning of the week/month now, and we often see new monthly candlesticks bringing about drastic fluctuations.
These are usually not the strongest highs/lows set at the new moon. So, in the coming days, the 0.786 Fibonacci retracement is worth paying attention to.