Bitcoin due for Pullback before the next Wave
IF #Bitcoin finds resistance at 44-45k level that may be the end of this wave.
So the correction should end near the 0.5 Fib level at ~41k.
That coincides with the support from the 200 Smooth Moving Average.
So the correction should end near the 0.5 Fib level at ~41k.
That coincides with the support from the 200 Smooth Moving Average.
Operación cerrada: objetivo alcanzado:
The Price corrected touching the 0.5 and 0.382 Fib. levels.
Now the question is will it find strong support there or it will continue the downtrend.
Now the question is will it find strong support there or it will continue the downtrend.