Due to the formation of the head and shoulders pattern in the 1-day bitcoin time frame, it seems that the price corrects according to Fibonacci 61.8, and also a strong support area is included in the price chart, and after this event, the price will move upwards.
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.