I think Bitcoin is forming a head and shoulders pattern and is likely to test Fibonacci level 0.618 soon where the dynamic support hugs this Fib level. Then we have to see if this support works well. If the corrective move ends in that area, the possibility is strengthened that in the coming weeks we will see a bitcoin battle to break it's previous ATH and go 60K and up.
this just my idea and it is not signal for trade! feel free to comment.
this just my idea and it is not signal for trade! feel free to comment.