This is the hourly chart and it seems the 3.618 level at 67,000 - 68,000 is a more likely target to hit the Fibonacci circle. The pitchfork at 34,000 provided strong support for this drop on the January 11, 2021. Heading higher this week towards the 67,000 level.
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Bitcoin did not go under 34,000, it stayed above so made a mistake on the comment on this chartTrade active
34,000 level will stop the drop for bitcoin and start a new push towards higher levels
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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.