Hi, this will be short and sweet.
Bitcoin is approching a dangerous fibonacci. On the last bull market we had a bulltrap and a retracement of 31.54%. From 7774$ to 5320$.
It's almost ridiculous to bring back those price.. but just take little attention to this in case...
This 61.8% fib is at 44685.68$, it's the purple one ! A bull trap can happen, jumping in might be very risky.
Do well and i wish you the best.
Log fibo :
-61.8% at 44685$
-76.39% at 59136$
-85.41% at 70320$
-90.98% at 78259$
-100% at 93061$
This might give a chance for a potential retracement on the daily MA21 which is around 28890$
Cheers!
Bitcoin is approching a dangerous fibonacci. On the last bull market we had a bulltrap and a retracement of 31.54%. From 7774$ to 5320$.
It's almost ridiculous to bring back those price.. but just take little attention to this in case...
This 61.8% fib is at 44685.68$, it's the purple one ! A bull trap can happen, jumping in might be very risky.
Do well and i wish you the best.
Log fibo :
-61.8% at 44685$
-76.39% at 59136$
-85.41% at 70320$
-90.98% at 78259$
-100% at 93061$
This might give a chance for a potential retracement on the daily MA21 which is around 28890$
Cheers!
Nota
This fib also been a pain in april 2013 take a look.Nota
-80%Nota
-70% in 2010Nota
Bull trap in 2018 on the 0.618 logarithmic fib. Waiting can payNota
possible 2021 pattern 
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.