Using the fibonacci tool you can measure the gains after the explosion and how the market finds a level to bounce off.
You can see that Bitcoin tends to bounce of the 0.6 level, so that is something to look at when we have the 10 k break though, I'll be looking to take profits at 15k and possibly buy at lower levels
You can see that Bitcoin tends to bounce of the 0.6 level, so that is something to look at when we have the 10 k break though, I'll be looking to take profits at 15k and possibly buy at lower levels
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Related publications
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.