Sketched this a few days ago and still going as predicted...
As we know, BTC still on the bull uptrend. For 2022 this is my prediction. We are currently sitting on a downward continuation bull flag/downward channel, and within that channel, there is a small flag reversal just right on 61.8% ($44,589) FIB and this could be the pivot point to start moving back up again, although, it could still reach the support level a little under 61.8% FIB at around 41K or so....
worst case before continuing up would be 78.6% FIB at $37954, which as we have seen through history, is normal for BTC.
Entering targets:
currently at 61.8%, please time the best entry and wait for confirmation
or
at 78.6% FIB at $37954, please time the best entry and wait for confirmation
As we know, BTC still on the bull uptrend. For 2022 this is my prediction. We are currently sitting on a downward continuation bull flag/downward channel, and within that channel, there is a small flag reversal just right on 61.8% ($44,589) FIB and this could be the pivot point to start moving back up again, although, it could still reach the support level a little under 61.8% FIB at around 41K or so....
worst case before continuing up would be 78.6% FIB at $37954, which as we have seen through history, is normal for BTC.
Entering targets:
currently at 61.8%, please time the best entry and wait for confirmation
or
at 78.6% FIB at $37954, please time the best entry and wait for confirmation
