BTC is moving slowly.
We failed the double dottom where I talked about in my previous update.
Then we formed a small downtrend that we broke. The retest was succesfull and now I want to see a double bottom on 49130 (The golden zone on the fibonacci), If we make this double bottom succesfully, we will go up.
The first target will be 51500. If we can reclaim this level, I expect that we go to 55000.
We failed the double dottom where I talked about in my previous update.
Then we formed a small downtrend that we broke. The retest was succesfull and now I want to see a double bottom on 49130 (The golden zone on the fibonacci), If we make this double bottom succesfully, we will go up.
The first target will be 51500. If we can reclaim this level, I expect that we go to 55000.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.