Bitcoin: Golden Pocket, possible bullish run ahead?
If the Fibonacci "Golden Pocket" is a thing, Bitcoin surely looks bullish here. I have found many instances where the price retraces back to the so-called Golden Pocket (the "pocket" between 0.618 and 0.65 Fibonacci levels) after a significant move, before continuing to go in that direction. If that is also the case for Bitcoin, expect 43800 to be reached soon. It will probably take at least a day, but hey, don't miss the chance.
(Just an opinion based solely on the Golden Pocket thingy!)
(Just an opinion based solely on the Golden Pocket thingy!)
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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.