Bitcoin is poised for its next upward move, although a period of further consolidation seems probable.
Currently, we anticipate a pullback towards the 61.8% Fibonacci support level around $66k. If/when such a pullback will occur, it will likely present a compelling risk/reward opportunity for buyers.
Currently, we anticipate a pullback towards the 61.8% Fibonacci support level around $66k. If/when such a pullback will occur, it will likely present a compelling risk/reward opportunity for buyers.
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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.