It seems to have stayed in the megaphone trading range that I set earlier.
The Fibonacci levels are interesting because it would suggest we'd hit roughly 40k then oscillate all the way up to 46k.
On the other hand, it is scary because the retracement level below where BTC is now is roughly 30k. This would go along with the theory that bitcoin will have a severe drop before it truly takes off to new highs.
The Fibonacci levels are interesting because it would suggest we'd hit roughly 40k then oscillate all the way up to 46k.
On the other hand, it is scary because the retracement level below where BTC is now is roughly 30k. This would go along with the theory that bitcoin will have a severe drop before it truly takes off to new highs.
