Bitcoin - fixing above an important level
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The opening of the new week is still encouraging, bitcoin could return to the zone that I wrote about in the last post of $26,300.
The technical bitcoin is fixing above the local support and the important Fibonacci level of 0.236, the upper zone of the $26,950 wedge remains the local resistance. If bitcoin can get out of the wedge with an upward movement, then, as I said earlier, the most important zone remains to pass the level of $27,500 and then it will be possible to think about $28,500-30,000, these are the first goals that I have been waiting for more than 3 weeks with an open position.
The opening of the new week is still encouraging, bitcoin could return to the zone that I wrote about in the last post of $26,300.
The technical bitcoin is fixing above the local support and the important Fibonacci level of 0.236, the upper zone of the $26,950 wedge remains the local resistance. If bitcoin can get out of the wedge with an upward movement, then, as I said earlier, the most important zone remains to pass the level of $27,500 and then it will be possible to think about $28,500-30,000, these are the first goals that I have been waiting for more than 3 weeks with an open position.
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