Possiblity we move higher, could we move up to around the FWB:29K area? Sellers are tiring, BTC TXs are at record highs, current economy favours risk assets, BTC top 3 risk asset.. Hitting the channel bottom with a 'hammer' candle on the 3D chart, some RSI bull divergence appearing.
These are fib levels plotted over the long term highs and lows for BTC, been tracking it for a while and they seem to be pretty accurate. The red and blue lines are .65 - .68 ratio, really important support / resistance.
Just a bunch of long term fib channels, exstention and retracement. Fun to see it progress
My idea for the next push to new highs. After breaking prev all time high, some choppy price action was to be expected.
Can this pivot take BTC to new highs? RSI signalling that there might be some juice is left in the tank. DCA into any dips at the S1, S2 and move the stop loss down.
The dips have been bought up, big wicks on the bottom, price holding above the MAs.. any dip near the moving averages could be a nice buy opportunity..
BTCST has been quite consistent so far, I like the idea of the token as it has backing and use case by some large groups of miners. It's a token that I will be watching, could we see something like this play out for March?
We're coming to such an important point in time, could we see all time highs come 2021? The next 2 months will be incredibly interesting to follow!