Hello investors and speculators who follow me.
Bitcoin has started a correction process from its last upward movement. Analyzing the Fibbonatti levels and the main support zones, I can see that the ideal buyback zone is in the range of 70 thousand dollars, because at this level there is a very strong support zone and it converges with the Fibo level of 618.
If the price reaches this zone, I would expect either a large flush in the price or a reversal of the downward trend on the smaller 4 and 1 hour charts.
Analysis of Bitcoin against the Dollar.
Bitcoin has started a correction process from its last upward movement. Analyzing the Fibbonatti levels and the main support zones, I can see that the ideal buyback zone is in the range of 70 thousand dollars, because at this level there is a very strong support zone and it converges with the Fibo level of 618.
If the price reaches this zone, I would expect either a large flush in the price or a reversal of the downward trend on the smaller 4 and 1 hour charts.
Analysis of Bitcoin against the Dollar.
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.
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.