BTC - Make or break? 37k?
TA Methods-
The overall Parallel Channel creates a trending level of support.
Fib retracement is based on the ATH to March '20 low.
Fib time extension is based on the Jan 1st '21 breakout to the first ATH and extended from there.
My future price target of 74k by June is based on the same measured move of the previous rally (replicated candles) combined with the fib time extension.
37k~ Is my line in the sand for Bitcoin. I'd love to get your opinion's on this TA and your "line in the sand" for the bull market as well.
Thanks for looking :)
The overall Parallel Channel creates a trending level of support.
Fib retracement is based on the ATH to March '20 low.
Fib time extension is based on the Jan 1st '21 breakout to the first ATH and extended from there.
My future price target of 74k by June is based on the same measured move of the previous rally (replicated candles) combined with the fib time extension.
37k~ Is my line in the sand for Bitcoin. I'd love to get your opinion's on this TA and your "line in the sand" for the bull market as well.
Thanks for looking :)
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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.