I am so overwhelmingly optimistic that I incessantly evaluate my emotions to ensure that my viewpoint is not erroneous. But how unrealistic is this when #Bitcoin is on the verge of closing its weekly candle at this current price level? We have breached the triangle and the 0.382 Fibonacci level. In recent days, Bitcoin has also established support at the 0.382 Fib level. Bollinger Bands are contracting, indicating an imminent explosive breakout. In my opinion, we can begin preparing to revisit the $35,000 price level in the upcoming weeks. That is the next resistance point, specifically the 0.236 Fib retracement.
Furthermore, the outlook on the monthly timeframe is highly favorable, which is in the process of closing within the next few days.
Wishing you all a thriving bull market, my fellow Bitcoiners.
Bull confirmed.
Furthermore, the outlook on the monthly timeframe is highly favorable, which is in the process of closing within the next few days.
Wishing you all a thriving bull market, my fellow Bitcoiners.
Bull confirmed.