APOinvestment

$BTC bear market rally to 56-58k

BITSTAMP:BTCUSD   Bitcoin
$BTC midterm has finished it trendline back test and starting a bullish impulse here. Still look for Bitcoin to reach the mid 50ks next. $56k-58,000 is a very critical level, traditional in a bear market the 0.702 fib is a rejection point for a retracement bounce before the assets goes to make new lows.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.