#BTCUPDATE
Bitcoin remains flirting with this 33k level and the bottom of the channel.
Technically this is a good place to bounce for Bitcoin from swing high to swing low price has retraced back to the golden pocket (0.618) and we are at the bottom of the parallel channel . And if we are bullish we should keep this higher low intact. Today's Daily Close will likely confirm the direction. If we close below the golden packet. I would expect bitcoin to test the low again for liquidity. So watch for the weekend fake breakdown.
Something to watch for: "we have a repeating pattern in the midst on the left side" if bitcoin reclaim this level then invalidate the repeating pattern (R 33.8 -34k)
At the moment
- TD sequential 9: plot should printing in couple hours ( bullish )
- Daily Support at 33.2
- Stoch RSI at the bottom also
- Price at 0.618 fib
For the Wyckoff Accumulation to stay valid bitcoin need to stay in the parallel channel
