The Golden Ratio Multiplier explores Bitcoin's adoption curve and market cycles to understand how price may behave on medium to long term time frames.
To do this it uses multiples of the 350 day moving average (350DMA) of Bitcoin's price to identify areas of potential resistance to price movements.
Bitcoin has support of the 350 day MA and the 111 day MA. Maybe bitcoin shall go to the blue line and the price is now at 94422 dollar.
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To do this it uses multiples of the 350 day moving average (350DMA) of Bitcoin's price to identify areas of potential resistance to price movements.
Bitcoin has support of the 350 day MA and the 111 day MA. Maybe bitcoin shall go to the blue line and the price is now at 94422 dollar.
Don't forget to push the like button. Thank you. Greetings.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.