Primary Chart: Five Long-Term VWAPs for BTCUSD with Fibonacci Price Target
SUMMARY:
BTC continues to consolidate and chop in a tight range around $19,246 since mid-September 2022. This range is from $18,232 to $20,225 approximately. Each breakout move to the upside or downside has failed, confounding directional bears and bulls alike.
A longer-term trading...
Over the past few weeks, BTC has consolidated around the $19,246 level, which is the Fibonacci level of interest discussed in a number of recent posts in the past couple of weeks. See the links embedded in the Primary Chart above.
BTC has chopped above and below this $19,246 level quite a few times, forming a tight consolidation range between and $18,232 and...