Looking at the macro fibonacci level, we still have one level that I think BTC might visit if we see another dump in the price!!!
The last support price that I am looking at is $51900 ish... with +- 2%.
But looking at BTC price has broke the purple downtrend line..
Even though it may not mean that BTC will just pump from here out, if BTC can hold the purple trendline as support and goes above the orange line it currently testing, it would be really2 good for BTC and might indicate that bottom was in!!!
As always, Not financial advice
#NFA
#DYOR
The last support price that I am looking at is $51900 ish... with +- 2%.
But looking at BTC price has broke the purple downtrend line..
Even though it may not mean that BTC will just pump from here out, if BTC can hold the purple trendline as support and goes above the orange line it currently testing, it would be really2 good for BTC and might indicate that bottom was in!!!
As always, Not financial advice
#NFA
#DYOR
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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.