Today we gonna analyse BTCUSD (BITCOIN) the largest crypto in the world.
As expected, this movement gonna continue moving up due to multiple reasons. But today, I only talk about the technical perspective. Recently, this pair consolidated between the 54K and 57k price zone. In the Daily timeframe, it's showing 50% Fib retracement completed which is its indicate the next movement will be 161.8% fib extension at $66804.51.
We might see some correction along the way to 161.8% fib which is if we zoom out we will see clearly the reason for this up and down. My advice is to dance with the market.
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