Here as you can see, Bitcoin is going to a very critical level 50.000$ where is exactly aligned with Fibonacci level 61.8%.
I believe this level will play out as very strong support as it's also a psychological level.
This offers the opportunity for the smart money (Big banks and Institutions) to buy aggressively at the medication point.
At that price, BTC offers a great 1/15 Risk to Reward ratio and I think its worth the try.
I believe this level will play out as very strong support as it's also a psychological level.
This offers the opportunity for the smart money (Big banks and Institutions) to buy aggressively at the medication point.
At that price, BTC offers a great 1/15 Risk to Reward ratio and I think its worth the try.