BITCOIN prints a higher low after falling more than 15%

BITCOIN prints a higher low after falling more than 15%

 

After breaking with the mid term bullish structure we retraced back 61.8% of last week’s range and printed a new fresh higher low.Price is trading inside of a bullish flag and a break of the flag could catapult price to retest the structure highs at around the 37750 level which confluences with the 1.618% retracement of the flag, aka targets.

 

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Author : Orlando Gutierrez

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