[21 Jan] Bitcoin Moving Closer To Our Consolidation Area!!!

2021년 1월 21일

We managed to see the BEARISH movement kicking in for Bitcoin as of now. I will be expecting a short opportunity on Bitcoin after a retracement to around 261.8% fib level. We can see that 461.8% fib level (also a support level @29878) is an area of strong support for Bitcoin. Now, I will be expecting price to reach this support level first before it heads to the area of consolidation which we have initially predicted.

I will like to let you guys know that YGForex will be working towards providing BTCUSD signal here for all of you guys. I will update daily and share my thoughts on it. This is provided we have opportunities to enter. Do follow our signal at your own risk. Do also keep in mind that we are not providing any professional financial advice.

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