Hello traders and investors, we will forecast Bitcoin today. As you know, the price of Bitcoin has been going up for the past several months, that is, it is bullish. Now the market has been doing a range for the past four to five days.
As you can see in the picture below, the market has broken its structure and stopped at its Fibonacci expansion level of 1.618. Now there are chances that the market, which is the price of Bitcoin, will retrace. After the retracement, the market can reach its demand zone, which is the level of 101,000.
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As you can see in the picture below, the market has broken its structure and stopped at its Fibonacci expansion level of 1.618. Now there are chances that the market, which is the price of Bitcoin, will retrace. After the retracement, the market can reach its demand zone, which is the level of 101,000.
Read More: Click here