Bitcoin Possible Targets once Pitchfork resistance is Broken
We are getting to an important pitchfork resistance, once the resistance is broken on this chart, we will be heading to 100,000++ for Bitcoin. The Fibonacci circle at 29,000 held which is a good sign for Bitcoin since falling under that level and staying under that level would have lead to a massive drop. The worst case scenario would be bitcoin trading between 29,000 to 63,000 until it breaks either to the upside or downside. Targets are in black on the top right of the chart.
We are getting to an important pitchfork resistance, once the resistance is broken on this chart, we will be heading to 100,000++ for Bitcoin. The Fibonacci circle at 29,000 held which is a good sign for Bitcoin since falling under that level and staying under that level would have lead to a massive drop. The worst case scenario would be bitcoin trading between 29,000 to 63,000 until it breaks either to the upside or downside. Targets are in black on the top right of the chart.