Bitcoin
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BTC Extensions and Expansions

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BTC, in its recent pullback retraced to its 50% level which appears at the moment to have held without much hesitation.

Based on these levels, I'm comfortable targeting a conservative level around $25,000, a resistance level set by the lower bound (127%) fibonacci extension.

A more aggressive fibonacci expansion target can bring BTC to levels between $34,000 and $41,000.

This recent pull back, still within the bullish trend is healthy. No pull back would be cause for concern in my opinion.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.