DOWNSIDE AND UPSIDE ANALYSIS FOR BITCOIN
= Recent NEW all time high
- PULL BACK low
- FIB EXTENTIONS on the downside AND upside
- MY PERSONAL BIAS IS THAT BTC LIKELY CONTINUES MAKING NEW HIGHS
- DOWN SIDE TARGETS ARE STOP LOSS'S FOR LONG/BUY/CALL TRADES (longer term)
- UPSIDE TARGETS ARE FOR SHORT/SELL/PUT TRADES
CURRENTLY as of END...
BTCUSD's Fibonacci Tea Leaves May Provide Some Helpful Levels
BTC's Downtrend Since November 10, 2021
BINANCE:BTCUSDT (BTC) has been in a downtrend since its all-time high of $69,000. But it has trended higher in a fairly choppy pattern since its major low on June 18, 2022. Many debates have arisen over whether BTC and other cryptocurrencies have found a...
