Bitcoin forecast and potential levels - Pitchfork and patterns
🔆Bitcoin started the downtrend from the high of 52088
🔆 It has almost corrected upto 20%
🔆The recent low of 41000 is psychological round lvl, with that breakout it can push down the price by another round level of 40k
👆👆This levels are based on 2h time frame 👆👆
✔️ Further on daily time frame 40740 is acting as supports
✔️ Daily fib retracment 0.76 lvl occurs on 37730 could be another zone which can create consolidation
Will update on reversal or if more down fall l, if the estimated support zone are breached
No fresh entry for trading until it makes a reversal base
🔆 It has almost corrected upto 20%
🔆The recent low of 41000 is psychological round lvl, with that breakout it can push down the price by another round level of 40k
👆👆This levels are based on 2h time frame 👆👆
✔️ Further on daily time frame 40740 is acting as supports
✔️ Daily fib retracment 0.76 lvl occurs on 37730 could be another zone which can create consolidation
Will update on reversal or if more down fall l, if the estimated support zone are breached
No fresh entry for trading until it makes a reversal base