BITCOIN This is a healthy correction. After target 110k by June.
Bitcon / BTCUSD is following a systemic rise since the September 11th 2023 low.
The first Leg since September 2023 rose by +97.65%. The second after a correction under the 1day MA50, rose by +91.57%.
The correction was -21.08% and got close to the 0.382 Fibonacci retracement level.
If the current pull back ends up also correcting on the 0.382 Fib by -21.08% near 58000, it will be the best buy opportunity for the next three months.
Target another +91.57% rise at 110000.
Previous chart:
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The first Leg since September 2023 rose by +97.65%. The second after a correction under the 1day MA50, rose by +91.57%.
The correction was -21.08% and got close to the 0.382 Fibonacci retracement level.
If the current pull back ends up also correcting on the 0.382 Fib by -21.08% near 58000, it will be the best buy opportunity for the next three months.
Target another +91.57% rise at 110000.
Previous chart:
Follow us, like the idea and leave a comment below!!
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