First of all, BTC had a refusal of the MA200 in March 2020. This was at 47.000. This refusal brought BTC to the point where we are now and is therefore very important.
Followed by a triple test at the 0.618 FIB retracement, ''conformed'' by the Pi Cycle Bottom Indicator, which some are rather skeptical about.
Looking purely back at the chart, this indicator was correct in December 2018 and in January 2015.
Important levels to break through:
- 30.000 (big level with a lot of resistance and support)
- 47.000 (to confirm bull market?)
- new ATH
Tell me below what you think of BTC!
Followed by a triple test at the 0.618 FIB retracement, ''conformed'' by the Pi Cycle Bottom Indicator, which some are rather skeptical about.
Looking purely back at the chart, this indicator was correct in December 2018 and in January 2015.
Important levels to break through:
- 30.000 (big level with a lot of resistance and support)
- 47.000 (to confirm bull market?)
- new ATH
Tell me below what you think of BTC!