BTC Start Retracing to reach 57432 - 58291 area 2 Week TimeFrame

1 באוק׳

Btc gave a good mobing averages and hit the level 66.5K and a retracement was very much expected. so how deep this retracement can go, with fibbonacci in 1D time frame suggesting a retracement till 61.2k to 61.6k area. but after consolidating on this zone, it can continue to retrace till 59.5k with a wick to 57432 - 58291 zone.

so all these points will act as point of support

61.2k to 61.6k
59.5k
57432 - 58291k

please trade carefully.

Happy trading.