Bitcoin
Long
Updated

BTC Eyeing a Move to around 6480-6520

275
Could this finally be the start of a bull market?
Note
Extended a mid and long term fib to current time, as well as some old trendlines i had drawn, seen below
snapshot
It's insane how perfect crypto follows this stuff...
snapshot
but also want to note that now, considering this, I see a LOT of resistance around the pink circle, and it would line us up for a perfect double top...

thoughts?
Note
Just as i thought, after an initial rejection at 6450, we ultimately rallied up and are currently sitting on our .236 fib line at 6515 at the time of this update. Will make a follow update soon
Trade closed: target reached
Note
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.