So if price holds above the blue trend line and it can break out of the red bear trend line, we could finally get a breakout.
Can you do a post explaining Fibonacci levels?
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So if price holds above the blue trend line and it can break out of the red bear trend line, we could finally get a breakout.
Can you do a post explaining Fibonacci levels?
That's right. Only one more bear trend to break before a substantial rally happens!
There are supply levels around 8.8k and then there is a clear path till almost 10k.
Once again, after 10k, several shorts will close positions or will run for cover pushing the price higher to 11.5-12k.
That's my main thoughts right now about how Bitcoin price can evolve.
Thanks for your daily support, this post is dedicated to you! I'll do a post about fibonacci soon too!
I like the play by play of how we get to 11.5-12K.
Thanks for the dedication. I'm honored:)