BTC/USD BULL AND BEAR SCENARIOS
Hello fellow traders! Here's what I am looking at for my longs or shorts. extended fib shows we are at the 1.618 mark, so honestly I expect a pullback from here, but with all of the momentum we could smash through 30k and head to the next level at around 50k. So that is why I am posting both scenarios. I am looking mostly at confirmation of resistance/support at this 1.618 level to tell where price action may further go. Just my opinions, Good luck! :)
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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.