As mentioned in our previous analysis Bitcoin bounced off 34K zone as it is moving in corrective pattern.
Bitcoin has already touched Point A, B & C of ABCDE pattern.
Point E ends at 33863 which is also 0.618 on fibonacci level. Potentially this should be bouncing zone for Bitcoin.
Hopefully Bitcoin should touch point E in a day or two.
If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
Bitcoin has already touched Point A, B & C of ABCDE pattern.
Point E ends at 33863 which is also 0.618 on fibonacci level. Potentially this should be bouncing zone for Bitcoin.
Hopefully Bitcoin should touch point E in a day or two.
If you like my analysis then do drop a LIKE and a COMMENT. Also do SHARE it with your friends.
Also don't forget to smash that FOLLOW button to get daily analysis of multiple crypto currencies and sometime ASX stocks.
Note - These are my personal notes and in no way a financial advice. Do your own research and Trade wisely
