Designing Fibonacci I get these levels for daily BITCOIN

Technical analysis regarding the price of BITCOIN in relation of dollar Tether for the next scenarios, based on daily movement.

Can we notice the presence of a corrective wave, right after impulse 4!? What is your vision?

I believe that the price is effecting its price correction and, well, it will be able to stop in this considerable support region as well as seek a lower level. Anyway, projecting this wave with Fibonacci (using to demarcate channels and price extension), I obtain such levels of region where the price will be able to fetch and, which perfectly match.

I believe that BITCOIN is making its correction and in the next scenarios, it may seek 62K. What's your vision!?


disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***

Any questions do not hesitate to contact me. I'm happy to be able to help you in the best way I can. 🙏