Bitcoin Long Term Analysis ๐ฐ
I want to take a closer look at Bitcoin's price weekly logarithmic chart.
This is my view of Bitcoin right now.
we look at bitcoin in several ways.
1- Long term channel (purple)
2- Short term channel (green)
3- PRZ - fibo retracement and extention
most powerfull PRZ zones: $22000-$23000 and $11000-$11600
4- Head and Shoulders = it's target is about $18000
5- also last ATH (about $19000-$20000) is a strong Support
so my buy zones are: $22000-$23000 & $18000-$20000 & $11000-$12000
This is my view of Bitcoin right now.
we look at bitcoin in several ways.
1- Long term channel (purple)
2- Short term channel (green)
3- PRZ - fibo retracement and extention
most powerfull PRZ zones: $22000-$23000 and $11000-$11600
4- Head and Shoulders = it's target is about $18000
5- also last ATH (about $19000-$20000) is a strong Support
so my buy zones are: $22000-$23000 & $18000-$20000 & $11000-$12000
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