Where does Bitcoin go from here?
In my previously published idea I supported the idea for a bounce from 95k. We did closed above 95K but looks like we are not going to hold it..
According to Fibonacci (using my Dynamic Fib Retracement indicator), if we now close below the preliminary fib line around 95K, this could spell trouble for Bitcoin and result in more downwards price action.
Also according to the DFR, targets for that would be:
80.5K USD (The Orange 'Median Line') and 70-73K USD (Inside the blue Fib Golden Pocket)
Follow me for more BTC analysis!
In my previously published idea I supported the idea for a bounce from 95k. We did closed above 95K but looks like we are not going to hold it..
According to Fibonacci (using my Dynamic Fib Retracement indicator), if we now close below the preliminary fib line around 95K, this could spell trouble for Bitcoin and result in more downwards price action.
Also according to the DFR, targets for that would be:
80.5K USD (The Orange 'Median Line') and 70-73K USD (Inside the blue Fib Golden Pocket)
Follow me for more BTC analysis!
Note
I also must note that both the Median Line and the Golden Pocket will slowly adjust closer to price so these targets will be slightly higher.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.