#bitcoin close up intra day look-in 2hr chart update
Insight again into how bitcoin -0.92% holding up. Three of the red horizontal lines relate to day opening/closing prices.
Waiting to update day chart with some big move or confirmation of high which should happen at close today 5th June. I’ve cautiously added some downward sloping diagonal as I think they will have greater significance now the high that I was waiting for is close to being confirmed. Any move above those diagonal should also confirm a low beneath (based on last couple of pattern stats). I’ve also added some horizontal fib, retracements in turquoise (light blue) between H. $8,644 and L. $7,040 i.e. 62, 50, 38. as I think a close above them would add significance should the above happen.
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