BTC Here's a look at the price support for Bitcoin
Here's my work on Bitcoin price support
The blue line shows a 61.8 percent retracement at $7513 of Bitcoin price, (beginning at $1 thru $19666, the first bull run).
The orange line shows a 61.8 percent retracement at $7231 of Bitcoin price, (beginning at 3122.28 thru 13880 , the second bull run).
These two retracements are virtually identical in price which adds confirmation to this price range (7231-7513) This is where Bitcoin price SHOULD have support.
So far Bitcoin is holding strong here. All action in and above this range, is long-term bullish.
Give a "thumbs up" if you like. Thanks!
The blue line shows a 61.8 percent retracement at $7513 of Bitcoin price, (beginning at $1 thru $19666, the first bull run).
The orange line shows a 61.8 percent retracement at $7231 of Bitcoin price, (beginning at 3122.28 thru 13880 , the second bull run).
These two retracements are virtually identical in price which adds confirmation to this price range (7231-7513) This is where Bitcoin price SHOULD have support.
So far Bitcoin is holding strong here. All action in and above this range, is long-term bullish.
Give a "thumbs up" if you like. Thanks!
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.