BTC to retrace to 8500 level before breaking out to the upside?
We might be seeing BTC to retrace to 0.618 fib level @ ~$8500, before breaking out to the upside of about 1.21 fib extension level @ $10,300.
This actually coincide with the BTC1! Futures gap at about 8700-9400 level.
This actually coincide with the BTC1! Futures gap at about 8700-9400 level.
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.