Bitcoin has retraced quite a bit from its last all time high which lets us with the following question: Is it time to buy ? Currently, we are testing very important FIB levels which could serve as a buy entries, as long as we stay above 51k ( last higher low) and we managed to rebound on one of the FIB levels, the trend should resume to around 74K.
Note
Setup respectedNote
higher low created successfullyNote
Approaching target
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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.