Once Price Initially bought from ~$29,000 range, price shot up to $52,000 then sold to around $41,000 level. From Fib retracement, this was at the 50% fib level. As price brought and went to a new all time high of ~$68,000, we were able to place a dynamic support trendline. Price seems to be selling now looking to retrace from either 50% fib level or 61% level (Dynamic trend line). Also key note, BTC around this time last year bought to for new all time high.. I expect price to buy from 61% fib level then reach a new all time high of $73,000 by the start of early into the 2022 year, Daily time Frame
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.