R1TRAD

BITCOIN respects the Fibonacci extention from 2019

BITSTAMP:BTCUSD   Bitcoin
hello,

following the weekly or daily chart of BITCOIN and fibonacci extention based from 2018-2019, we find that bitcoin respects the most fibonacci extention levels
NOW, we have bitcoin in the ''1'' and ''0.786'' fibonacci zone with a high probability of falling more to the "0.618" level >> 14.600

therefore the bitcoin is still in an unstable zone and that the BREAK with force of the fibonacci level "1" >> 21.800 will save the BITCOIN

tnx for your opinions

link of my last analyse for bitcoin in OCTOBER 2022

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.