Fib target reached.......................,............,.
A picture is 1000 words.,.................................................
,.............................................................
Down until 1T ?….........................................................
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The last drop before going to 47000 by mid 2024 approximately.
Too much buyer. If everyone see a Spring, it is not a Spring.
Will rebound from there, and on the bitcoin index it takes the liquidité from the preceding low. Otherwise will fall to 30.
The Price could be on an important support as you can see on the graph.
See it by yourself ¡!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!¡!!!!!!!!!!!
Support at 48800….............................................................
Support at 48090. Resistance at 49250 ? Next Big resistance at 51900.
Its seems that the 200 SMA is acting as a strong support.