very likely 20K can be a long term support because already it has corrected around 78% from the top.
Fib 0.236 @ 131K
Fib 0.382 @ 173K
Fib 0.5 @ 250K
Fib 0.618 @ 335K
Fib 0.786 @ 520K
Top channel 800K
Fib 0.236 @ 131K
Fib 0.382 @ 173K
Fib 0.5 @ 250K
Fib 0.618 @ 335K
Fib 0.786 @ 520K
Top channel 800K
Note
Halving around May 2024 and end of the cycle December 2025Note
Dow Jones (DJI) Weekly time frame we have a inverse head and shoulder pattern.Note
Not financial advice.Note
Fib 0.618 @ 335000Note
US Dollar catastrophe Bitcoin to 1.5 million ?
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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.