Bitcoin Fibonacci Retracement Prediction: $128K Target in 5 mo?
Since starting its rally in Sept 20 to ATH, #Bitcoin is currently retracing to 76.4% level.
If $BTC can be closed above the descending line, 176.4% level ($128K) is the target in the next 5 months.
If it retraces more to 61.8% and then bounces back, then the target is 161.8%.
If it retraces more than 50%, trend reversal is likely to begin
If $BTC can be closed above the descending line, 176.4% level ($128K) is the target in the next 5 months.
If it retraces more to 61.8% and then bounces back, then the target is 161.8%.
If it retraces more than 50%, trend reversal is likely to begin