Based on a few metrics I belive that the btc will hit its high on june 28th at roughly the 8,400 range
Reasoning behind my thesis is because it hits the fib retracment of .382 and it hits the trendline matching up on june 28th.
Also based on previous months btc has a tendency to trend upwards for Almost exactly 1 month and down for 1 month. The low was on may 28th which would lead the top to be one june 28th which is also when the .382 retracment and trendline meet.
Reasoning behind my thesis is because it hits the fib retracment of .382 and it hits the trendline matching up on june 28th.
Also based on previous months btc has a tendency to trend upwards for Almost exactly 1 month and down for 1 month. The low was on may 28th which would lead the top to be one june 28th which is also when the .382 retracment and trendline meet.
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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.