We're currently observing Bitcoin ( BITSTAMP:BTCUSD ) following a strong trendline since its all-time low in 2020, marked by the yellow dotted channel. This channel has historically provided support during significant pullbacks, with Bitcoin maintaining the larger uptrend structure. Key Levels: Current Price: $54,677 Fibonacci Levels: Bitcoin is...
Potentially visiting the range of 50-55k before exploding again around Sept 2024.
- Ideal entry around 99.51 - Undervalued stock