SkyRocketTrading

Bitcoin will come back to around 52k?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin , after decreasing and passing 4.236fibo, should consolidate and we should see a rebound to the level of about 52k - green box. However, from this zone we have to take into account a rebound and a re-test of the zone around 48k-48500 $.
It is also very important to open the weekly candle to green and an impulse on the upward market, then we can count on a continuation of gains. A drop below the opening of the current weekly candle will indicate a continuation of declines, but it is a less realistic scenario.
So we expect BTC to come back above 50k.




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