Manjyot

Bitcoin at initial stages of Bull Market.

Panjang
BINANCE:BTCUSDT   Bitcoin / TetherUS
As suggested in my previous analysis that Bitcoin will bounce off 34 K zone as it was falling at 0.5 of Fibonacci level and it exactly bounced off the same point.

By completing that bounce, things started to look Bullish for Bitcoin.

Going by the chart, next major stop for Bitcoin will be at 45K zone at wave 3. However this should take more than a week to reach to that point.

The figures on the chart are just estimates, however Bitcoin should move around those figures.

Coming weeks will validate these numbers.

Overall I am positive on upcoming Bull Market

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