BTC has not yet properly tested upper Fib 0.618 trend line. So it could go down to the Fib 0.786 supportive trend line and then go to the Fib 0.618 resistance trend line or it could directly go the Fib 0.618 trend line after a consolidation in the current price. Our support and resistance lines are pretty clear.
Yorum:
Bitcoin is close to retesting the uptrend as stated earlier. Monthly close above the upper trendline will make the price go higher. But rejection is more possible.
Yorum:
Monthly closed above FIB 0.618. Next target is FIB 0.5