TheGrinder on Nostr: Bitcoin needs to consolidate. We've gone up too fast Sideways chop above 88k (.1.272 ...
Bitcoin needs to consolidate. We've gone up too fast
Sideways chop above 88k (.1.272 expanded FIB level) would send a super strong signal suggesting 100k before the end of the week. A pullback to 85k however would be healthier and make more room for the next leg up.
🍿 time
Published at
2024-11-12 05:37:30Event JSON
{
"id": "0042de9c2c728e1a4b228efd2bd199f26b9530e2db30d5de9aa52b924f900432",
"pubkey": "6e75f7972397ca3295e0f4ca0fbc6eb9cc79be85bafdd56bd378220ca8eee74e",
"created_at": 1731389850,
"kind": 1,
"tags": [
[
"client",
"noStrudel",
"31990:266815e0c9210dfa324c6cba3573b14bee49da4209a9456f9484e5106cd408a5:1686066542546"
],
[
"nonce",
"75",
"7"
]
],
"content": "Bitcoin needs to consolidate. We've gone up too fast\nSideways chop above 88k (.1.272 expanded FIB level) would send a super strong signal suggesting 100k before the end of the week. A pullback to 85k however would be healthier and make more room for the next leg up. \n\n🍿 time\n",
"sig": "e23d852d59b14d2511dffcdb0a6ccf87863373cc9add80586d2340d03c3b15d13ad3c7bef87b31ee1aa6dc6200f93f2d5a8d3f26478c0711f0d5e52242f47c5d"
}
