BitcoinAlış
BTCUSD Daliy W-shaped recovery
Bitcoin is currently experiencing a W-shaped recovery that is unfolding rapidly.
Yesterday, Bitcoin decisively broke above the 1D EMA200 (blue trend line) and closed above it, nearly erasing the 25% losses from August. This swift and strong reversal is due to the classic 'W-shaped recovery' pattern, which is now fully developing.
The price has reached the 0.618 Fibonacci retracement level. If it manages to break through this level, we could see a complete price recovery by the first week of September, potentially reaching between $73,000 and $80,000.
Do you believe the pattern will complete?
If you found this analysis helpful, please SUBSCRIBE ✍️ and SHARE 🙌!"
Yesterday, Bitcoin decisively broke above the 1D EMA200 (blue trend line) and closed above it, nearly erasing the 25% losses from August. This swift and strong reversal is due to the classic 'W-shaped recovery' pattern, which is now fully developing.
The price has reached the 0.618 Fibonacci retracement level. If it manages to break through this level, we could see a complete price recovery by the first week of September, potentially reaching between $73,000 and $80,000.
Do you believe the pattern will complete?
If you found this analysis helpful, please SUBSCRIBE ✍️ and SHARE 🙌!"
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.