Possible bearish Cypher and Targets
#BTC
short term
Financial Stability Board rejected the call to regulations from multiple G20 countries. At the moment they do not consider crypto currencies as a threat to global financial stability
----Exactly bounced off from target point.
----4hr and daily candle well above 0.382 Fib level.
-----falling wedge has been broken out 😄
----- if continue uptrend next resistance is 9000-9400$
Let's wait don't be excited, let it hold or find support.
Check here reason for recent pump.