Bitcoin: This week's BULLISH scenarios
I explored two scenarios which could take 
BTCUSDT to 68k by next week. Use this as a guideline of what to look for during a short-term pullback.
By using resistance levels originating from its all-time high in combination with these strong Fibonacci channels, we can identify where BTC might find support in case of a short-term pullback. I marked out a potential entry zone, must such a scenario arise.
This would mark an opportunity for bitcoin to build up momentum in order to finally reach new all-time highs.
Let me know your thoughts and ideas.
BTCUSDT to 68k by next week. Use this as a guideline of what to look for during a short-term pullback.By using resistance levels originating from its all-time high in combination with these strong Fibonacci channels, we can identify where BTC might find support in case of a short-term pullback. I marked out a potential entry zone, must such a scenario arise.
This would mark an opportunity for bitcoin to build up momentum in order to finally reach new all-time highs.
Let me know your thoughts and ideas.
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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.
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.