BitcoinLong
Bitcoin BTCUSD Bullish Possibility on Daily Support
Technical:
1. Bitcoin is at its Daily Support Level.
2. Fibonacci retracement is showing upside potential.
3. Wicks can touch the orange line.
4. Target = 43000
Fundamental:
Due to restrictions on Russia. Rich people in Russia can convert Russian Ruble into Bitcoin to protect their wealth. Bitcoin could play an important role as a safe haven asset or in circumventing sanctions for Russia. In near future Bitcoin price can go higher too.
1. Bitcoin is at its Daily Support Level.
2. Fibonacci retracement is showing upside potential.
3. Wicks can touch the orange line.
4. Target = 43000
Fundamental:
Due to restrictions on Russia. Rich people in Russia can convert Russian Ruble into Bitcoin to protect their wealth. Bitcoin could play an important role as a safe haven asset or in circumventing sanctions for Russia. In near future Bitcoin price can go higher too.
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.
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.