My bitcoin scenario, fib levels, price action and more👌🙂
Hello traders
As you know bitcoin has rised up from 39600 to 6000 without any significant correction so what is going to happen? Despite all the corrections main trend is still bullish for me as bitcoin is above 50_48.
On the chart we see a trendline that once it's broken it will be a positive signal for all market but before that we got a fib level around 54300 close to our very important support level so this 54300 can be touched before a rally also some stop hunting can occur here and price may dive down to 52 or 50 then a huge volume will appear and price will fly.
If you found this analysis useful please support us with a like.
Good luck
As you know bitcoin has rised up from 39600 to 6000 without any significant correction so what is going to happen? Despite all the corrections main trend is still bullish for me as bitcoin is above 50_48.
On the chart we see a trendline that once it's broken it will be a positive signal for all market but before that we got a fib level around 54300 close to our very important support level so this 54300 can be touched before a rally also some stop hunting can occur here and price may dive down to 52 or 50 then a huge volume will appear and price will fly.
If you found this analysis useful please support us with a like.
Good luck
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