Just becoming curious on the potential for this to form.
Although we could see bitcoin retrace from its current bull run down to the 50 or 61.8 fib lines. Which means it could retrace back between $8900 and $8200 offering a great buy in.
If bitcoin honors this recent trend line we could see some resistance tested past $10700 and $11500 before we break the known $12000 barrier.
Just my thoughts and not financial advice,
Have a great weekend
Although we could see bitcoin retrace from its current bull run down to the 50 or 61.8 fib lines. Which means it could retrace back between $8900 and $8200 offering a great buy in.
If bitcoin honors this recent trend line we could see some resistance tested past $10700 and $11500 before we break the known $12000 barrier.
Just my thoughts and not financial advice,
Have a great weekend