BitcoinUpdated BTC support for Bull Market 12/22/21
looking possible buy since high of 6900 area
using fib retracement levels of 0.5 and.618
buy zone at green
lowest level of defense at red lines 0.786 level
current price action: price went up at 0.786 level for strong support
looking at possible sell area from last high at 6900 area
red box indicates sell level using fib retracemnt levels 0.5 and 0.618
using fib retracement levels of 0.5 and.618
buy zone at green
lowest level of defense at red lines 0.786 level
current price action: price went up at 0.786 level for strong support
looking at possible sell area from last high at 6900 area
red box indicates sell level using fib retracemnt levels 0.5 and 0.618
Note
broke below the low indicating bear market. see new analysis where I find possible level it can reach
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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.