Hello Traders
As you can see in the chart above, Bitcoin just supported on the bottom of the descending channel and the Ascending Trendlines.
Price also bounced on 0.786 Fibonacci.
Fibonacci cloud is supporting the price as well.
As can see there is no new lower low, so bitcoin is still bullish.
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What is your opinion? Comment below.
If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too.
Good luck.
As you can see in the chart above, Bitcoin just supported on the bottom of the descending channel and the Ascending Trendlines.
Price also bounced on 0.786 Fibonacci.
Fibonacci cloud is supporting the price as well.
As can see there is no new lower low, so bitcoin is still bullish.
------------------------------------------------------------------------
What is your opinion? Comment below.
If you like the idea, please hit the like button and follow me so that you won't miss the updates. The information given is never financial advice. Always do your research too.
Good luck.
