Three possibilities for Bitcoin's next price destinations are illustrated in the chart:
Scenario 1 is illustrated in Gold color.
Scenario 2 is illustrated in Pink color.
Scenario 3 is illustrated in Green color.
The Fibo zones are formed by combining Fibo retracement and Fibo extension. The timeframe used is 30M.
DISCLAIMER: THIS IS NOT A TRADING SIGNAL, DO NOT TRADE BASED ON THIS. BITCOIN IS A HIGH RISK INSTURMENT. BECAREFUL WHEN TRADING IT.
Scenario 1 is illustrated in Gold color.
Scenario 2 is illustrated in Pink color.
Scenario 3 is illustrated in Green color.
The Fibo zones are formed by combining Fibo retracement and Fibo extension. The timeframe used is 30M.
DISCLAIMER: THIS IS NOT A TRADING SIGNAL, DO NOT TRADE BASED ON THIS. BITCOIN IS A HIGH RISK INSTURMENT. BECAREFUL WHEN TRADING IT.