BTC correction imminent back to Fib 78 LEVEL
BTC is way overbought on the chart, similar to 2017 peak levels. A correction must happen.
I'm expecting a retrace back to 78 Fibonacci level, which will meet the ascending trendline from 3.1K bottom. Many buyers present at the 3.6K price area. Possible double bottom after that but too early to say how likely is that.
I'm expecting a retrace back to 78 Fibonacci level, which will meet the ascending trendline from 3.1K bottom. Many buyers present at the 3.6K price area. Possible double bottom after that but too early to say how likely is that.
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