BitcoinUpdated btc/usd Weekly targets
It's been quite an exciting year for bitcoin with a new all time high around $73,500. Enormous runs like this that last over a year, 450 days, there's going to be corrections or cool off periods. Now's the time to stay calm, plot some targets and see where it lands. My targets and where horizonal fibs intersect with diagonal trend lines. When Bitcoin interacts with these levels I'll be paying extra attention for signs of support or reversal and go from there. It's really that simple if you don't cloud it up with emotion.
Note
Nothings changed, it's still just a lower high at this point.Trade active
Here we goNote
Still on track for this setup. Daily chart breakdown in play.
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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.