BTC Over View
Here’s the current update after a few hours ago I dropped an analysis on BTC. Price has reach the first Demand zone which is labeled D1 but that zone looks like it is already failing. So down below we have 4 more Demand zones of which these zones falls very well on the Discount Fib level which is better if compared to the first zone which is on Premium zone and i wasn’t really expecting much from that first zone due to that reason. So the remaining 4 Demand zones below has high probability of possibly holding and either giving BTC some support or a boost likely. I can’t tell which particular one would cause that’s left for the market to decide. So what i can possibly do at the below zones which fits well on Discount, if i were to be looking forward to buy and hodl BTC, I would only buy whenever price reaches any of those Discount Demand zones at the bottom. At those zones i will feel very comfortable to buy and hodl. But note if price doesn’t at the end respect any of those below zones then i have no technical idea of what may likely happen again after for the now.
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.