Welcome to this quick update:
As I mentioned in my last analysis, we did bounce from the $28k area and tested $34.5k and the diagonal trend line.
What’s the deal now ?!
.We already tested the $30k support many times, so it is not safe for Bitcoin anymore!
.I expect a drop from there next time we visit $30k again!
.But if we somehow found support here, then we will test the bullish breaker at $34.5k once again.
-Based on the Fibonacci extension, the next target for Bitcoin after reclaiming $34.5k is $39800.
-If we lose $30k, then I’m looking at $26.2k and $24.3k for a nice bounce.
Stay tuned and keep following me on tradingview for further updates.
like the idea and share yours in the comment section down below 😉
As I mentioned in my last analysis, we did bounce from the $28k area and tested $34.5k and the diagonal trend line.
What’s the deal now ?!
.We already tested the $30k support many times, so it is not safe for Bitcoin anymore!
.I expect a drop from there next time we visit $30k again!
.But if we somehow found support here, then we will test the bullish breaker at $34.5k once again.
-Based on the Fibonacci extension, the next target for Bitcoin after reclaiming $34.5k is $39800.
-If we lose $30k, then I’m looking at $26.2k and $24.3k for a nice bounce.
Stay tuned and keep following me on tradingview for further updates.
like the idea and share yours in the comment section down below 😉