$BTC Update
Price reached yesterday's target — what now?
I'm favouring a retracement.
I) Price spiked into liquidity & closed below - buyers trapped
II) Untested S/R level at 7540s
III) Red low must hold to maintain overall bullish structure
Wrong if close through 7.8k.
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UPDATE: #Bitcoin engine keeps pushing. Great spike on volume, MACD and WT indicators aiming upwards. 11,000$-11,200 is the level to watch. If crosses, we will the first main reversal sign. $BTC $BTCUSD
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