Huge Support On the Fibonacci Retracement!! 0.618 Level
Bitcoin might test the 30k level that's supported on the fibonacci retracement.
I started measuring since the corona market crash and looked up for important dates and little details that validates the fibonacci retracement.
If BTC could gain on the supported level we need to look for more data to have a bullish outlook.
If we continue to be bearish we need to keep in mind that we still need to fill a gap in the greenzone and make a possible drop to 20k.
I don't believe that we can go any lower then that.
I hope you like my idea and vision about it I would love to hear what you think!
I started measuring since the corona market crash and looked up for important dates and little details that validates the fibonacci retracement.
If BTC could gain on the supported level we need to look for more data to have a bullish outlook.
If we continue to be bearish we need to keep in mind that we still need to fill a gap in the greenzone and make a possible drop to 20k.
I don't believe that we can go any lower then that.
I hope you like my idea and vision about it I would love to hear what you think!