Strong Confluence of Support at ~$5000 USD
Patience friends, a while to go yet.
BTC has multiple major long-term diagonal support lines, one big horizontal support line, and the 0.236 fib all converging to the 5000USD level. We're currently sitting right in the middle between two fib lines - the 0.382 and the 0.236. I think its highly unlikely we'll turn around here to head back upwards. Give it till around the end of this year/start of next year.
Happy investing/trading.
BTC has multiple major long-term diagonal support lines, one big horizontal support line, and the 0.236 fib all converging to the 5000USD level. We're currently sitting right in the middle between two fib lines - the 0.382 and the 0.236. I think its highly unlikely we'll turn around here to head back upwards. Give it till around the end of this year/start of next year.
Happy investing/trading.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.