Possible level for BTC
This is a very basic and general idea about what we had as a resistant and support level between the 20k to 69k. Desipite of everyone is mentioning that bear is finished and we will have new ATH or this is just bull trap, you can find yourself a pretty good simple technical analysis of what level we should pass. At worst case scenario we need to at least reach a 0.5 Fib to say that we have retracement of crash and ready for the next one. Best case scenario starts when we pass 0.786.
If we pass that level then I will be joining everyone to watch the market for better market.
ANYTHING IS POSSIBLE, AND TECHNICAL ANALYSIS IS TO FIND THE POSSIBILITIES.
While macro economy is not well I do not see a reason to be bullish for new ATH but we can be cheerful for a nice retracement.
If we pass that level then I will be joining everyone to watch the market for better market.
ANYTHING IS POSSIBLE, AND TECHNICAL ANALYSIS IS TO FIND THE POSSIBILITIES.
While macro economy is not well I do not see a reason to be bullish for new ATH but we can be cheerful for a nice retracement.
Mehran
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