Since mid-July, Bitcoin, along with big market-cap altcoins, has been rallying almost sleeplessly, we've seen some relatively small retracements (from 5-10%) that happened, BUT, not the healthy pullback that we should expect before the Bull Run that would take us to see the 100,000$ Mark. Right now, for the short term, Bitcoin looks to be a bit overbought, and historically, we should expect a pullback of at least -17 to -20%, which should take us to the 0.618 Fib level, but with the 0.786 fib level above it, there's also a possibility that the price could bounce back from that strong support zone, which should leave us with a moderate -11 to -13%.
The doubt should be partially cleared out by the end of September eventually. Meanwhile, don't forget to trade safely and responsibly, and as always, Look First/ Then Leap.
The doubt should be partially cleared out by the end of September eventually. Meanwhile, don't forget to trade safely and responsibly, and as always, Look First/ Then Leap.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.