Hello Bitcoiners, hope you doing very well these days!
This 35% Bitcoin correction is not happening for the first time, did same thing in the past for several times (30% average correction) I think this is a healthy correction.
BTCUSDT rejected the 0.618 fib level at 42k which was a resistant and seems to turn into a support now (Hope it holds)
The 4h candle rejected the level very clearly hoping for a nice bounce.
In the overall we still bearish till BTC creates a higher high (95% of technical indicators are bearish)
To simple things:
This 35% Bitcoin correction is not happening for the first time, did same thing in the past for several times (30% average correction) I think this is a healthy correction.
BTCUSDT rejected the 0.618 fib level at 42k which was a resistant and seems to turn into a support now (Hope it holds)
The 4h candle rejected the level very clearly hoping for a nice bounce.
In the overall we still bearish till BTC creates a higher high (95% of technical indicators are bearish)
To simple things:
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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。