BitcoinLong
Bitcoin 240000$
This Bitcoin (BTC/USD) chart uses the Fibonacci extension tool to project possible future price levels. The key observations are:
1. Current Price and Breakout: BTC is trading at $105,019, having surged significantly beyond previous resistance levels.
2. Fibonacci Levels: The price has surpassed the 0.618 Fibonacci extension level at $99,745, a crucial bullish signal.
3. Next Targets: The next Fibonacci extensions are at:
$151,950 (1.618 level)
$204,154 (2.618 level)
$236,416 (3.618 level), nearing $240,000
1. Current Price and Breakout: BTC is trading at $105,019, having surged significantly beyond previous resistance levels.
2. Fibonacci Levels: The price has surpassed the 0.618 Fibonacci extension level at $99,745, a crucial bullish signal.
3. Next Targets: The next Fibonacci extensions are at:
$151,950 (1.618 level)
$204,154 (2.618 level)
$236,416 (3.618 level), nearing $240,000
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.