Today, Bitcoin has finally made a new all time high after a ~6 month period since the last top.
I want to take this moment to congratulate everyone who held strong to their (bullish) beliefs and held on to their coins.
My next targets for Bitcoin are based on the Fibonacci extensions 1.272 and 1.618. First target at $75k, second target at $87.5k. I'm not expecting a bearish move before we hit $75k.
Historically, Bitcoin moves fairly rapid after making a new all time high. However, a minor quick re-test of the last ATH around
65K might be an ideal point to launch us towards the second target at $87.5k.
See my analysis below for a historical analysis on what happens after BTC makes a new all time high:
Happy trading!
I want to take this moment to congratulate everyone who held strong to their (bullish) beliefs and held on to their coins.
My next targets for Bitcoin are based on the Fibonacci extensions 1.272 and 1.618. First target at $75k, second target at $87.5k. I'm not expecting a bearish move before we hit $75k.
Historically, Bitcoin moves fairly rapid after making a new all time high. However, a minor quick re-test of the last ATH around
65K might be an ideal point to launch us towards the second target at $87.5k.See my analysis below for a historical analysis on what happens after BTC makes a new all time high:
Happy trading!
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📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.