Bitcoin BTC Fibronacci Technical Analysis
This analysis is a "Fib.-trifecta" combining a retracement, fan and spirals.
I actually had to calculate the next Fib. level by hand. I don't think trading is usually this extreme, but hey, this is crypto!
If we break current support, the next support level should be aound 7,200 with a likely range of 6850 - 7,540 per the Bitfinex pricing.
If this happens, I think this will be the end of this very strong correction and we should get a major bounce up and out of this falling wedge.
Let's see what the King has in store for us this weekend.
I actually had to calculate the next Fib. level by hand. I don't think trading is usually this extreme, but hey, this is crypto!
If we break current support, the next support level should be aound 7,200 with a likely range of 6850 - 7,540 per the Bitfinex pricing.
If this happens, I think this will be the end of this very strong correction and we should get a major bounce up and out of this falling wedge.
Let's see what the King has in store for us this weekend.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.