Bitcoin Analysis 03-Sep-24
Bitcoin -Is it Forming a W Pattern
If support at 55,000$ or strong support at 49,000$ as shown in the graph ( Fib Resistance) and if reversed, then can be tried to buy with target of 70,000$, if it breaks above then 100,000$.
If support at 55,000$ or strong support at 49,000$ as shown in the graph ( Fib Resistance) and if reversed, then can be tried to buy with target of 70,000$, if it breaks above then 100,000$.
Note
or further support of 24900 to touch the previous low and bounce back after forming W pattern
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