BITCOIN 16K is Near Reality
Hey Guys!
Bitcoin began to move in ascending channel since early 2107.
Now top of this channel was broken and already retesting. Resistance become support.
As we can see on a daily chart correction remains between 61.8 - 38.2 most of the time
Now there are two clear possibilities. If upside line will keep the price one of the opportunities is 161.8 Fibs, with is area near and about $16000.
Alternative is deeper pull back to 61.8 - 38.2 Fibs and this is distance between 4700-5900 area.
Leave your comments about current situation below.
Bitcoin began to move in ascending channel since early 2107.
Now top of this channel was broken and already retesting. Resistance become support.
As we can see on a daily chart correction remains between 61.8 - 38.2 most of the time
Now there are two clear possibilities. If upside line will keep the price one of the opportunities is 161.8 Fibs, with is area near and about $16000.
Alternative is deeper pull back to 61.8 - 38.2 Fibs and this is distance between 4700-5900 area.
Leave your comments about current situation below.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。