It seems that the recent COVID news affected BTC rapidly but now we can see a cool off.
The correction of BTC is accelerated and close to end. I can see a reversal from here (53k-54k) or a more valid one from 49k-51k which will be the very bottom of the recent bullish trend and also located on the 0.5 level of fib retracement.
Overall, I am still bullish on BTC unless it breaks the important level of 0.618 of fib.
I enter long from here and add more on the second level. My target is 89K-91k.
Are you bullish too or have another idea?
NFA
The correction of BTC is accelerated and close to end. I can see a reversal from here (53k-54k) or a more valid one from 49k-51k which will be the very bottom of the recent bullish trend and also located on the 0.5 level of fib retracement.
Overall, I am still bullish on BTC unless it breaks the important level of 0.618 of fib.
I enter long from here and add more on the second level. My target is 89K-91k.
Are you bullish too or have another idea?
NFA
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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.