My own vision for Bitcoin and my expectations
Updated
I see that the bitcoin is creating a positive technical pattern that will be broken soon when the bitcoin reaches the area between 38 thousand to 40 thousand because it is a very strong area with many pending purchase orders, and it will be launched from it to break the flag pattern and start a new bullish wave that achieves the goals that I Expected
My advice right now is to suspend purchase orders about the level of this area
- 45,500
- 40,000
- 39,500
- 39,000
- 38,500
- 38,300
The stop loss is in case Bitcoin closes a weekly candle under the 38000 level, Which is the Fibonacci level of 0.61
In the end, this is my personal opinion, and it may be right or wrong.
I wish everyone the best of luck.
My advice right now is to suspend purchase orders about the level of this area
- 45,500
- 40,000
- 39,500
- 39,000
- 38,500
- 38,300
The stop loss is in case Bitcoin closes a weekly candle under the 38000 level, Which is the Fibonacci level of 0.61
In the end, this is my personal opinion, and it may be right or wrong.
I wish everyone the best of luck.
Note
A second analysis has been published with more details
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