Fib Retracement to $55,000 before retesting $69,000 ATH

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Local top matched random line from 2020.

Trend-based Fibonacci extension along with other trend lines indicate possible retracement to $55,000 or $52,000 before retesting $69,000 ATH.

I think there is a low, but existent possibility of BTC dropping to the $40,000 resistance if there is some really bad news somewhere.

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ملاحظة

We hit $57,000 and then bounced. I think the previous resistance line is now a pretty strong support. I think we'll touch it one more time at around $60,000 before breaking out.

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أغلقت الصفقة: تم الوصول للهدف

Hit my price targets almost exactly.
Dang