Important Fib .618 BTC/USD #fib #crypto #bitcoin #btc

Bitcoin 3 day chart here on Coinbase is very close to it's .618 fib level ( where the pointing finger shows on the chart ) - just a short pump up to 12400 would bring us there . Also we will be hitting a TDSeq9 in green on this 3 day chart . That would almost always signal a retrace is coming . My Gann Fan also shows the top of this blue level to be also near to 12400 ( as shown where the red dotted line is . ) And this Gann Fan fits well on this chart straight back to 2018 . It seems like a strong indicator to me that we might see 12400 or close to it ( possibly breaking a little bit above or below ) and then seeing a retrace down probably to our gap around 96xx .

Comment:

Yes ! 12400 seems to be hit ! That's the important .618 fib on higher timeframe . Now it just remains to be seen if this is a Head and Shoulders in play or if there will be continuation. I would like to see retrace down to 10k area .