๐ฅ Bitcoin New All Time High: Fibonacci Targets
Today, Bitcoin has finally made a new all time high after a ~6 month period since the last top.
I want to take this moment to congratulate everyone who held strong to their (bullish) beliefs and held on to their coins.
My next targets for Bitcoin are based on the Fibonacci extensions 1.272 and 1.618. First target at 75k, second target at 87.5k. I'm not expecting a bearish move before we hit 75k.
Historically, Bitcoin moves fairly rapid after making a new all time high. However, a minor quick re-test of the last ATH around
65K might be an ideal point to launch us towards the second target at 87.5k.
See my analysis below for a historical analysis on what happens after BTC makes a new all time high:
Happy trading!
I want to take this moment to congratulate everyone who held strong to their (bullish) beliefs and held on to their coins.
My next targets for Bitcoin are based on the Fibonacci extensions 1.272 and 1.618. First target at 75k, second target at 87.5k. I'm not expecting a bearish move before we hit 75k.
Historically, Bitcoin moves fairly rapid after making a new all time high. However, a minor quick re-test of the last ATH around
65K might be an ideal point to launch us towards the second target at 87.5k.See my analysis below for a historical analysis on what happens after BTC makes a new all time high:
Happy trading!
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๐ฅPremium Signals: fierytrading.com
๐Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
โ Monster Signals: t.me/monster_cryptosignals
๐ฅPremium Signals: fierytrading.com
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