Bitcoin Price Target Options | Monday, February 6, 2023
DAILY CHART TA
Coming up against a strong resistance zone at $23,000, bitcoin needs to hold the 38.2 fib level and stay above the 21 day MA to reach the supply zone at $25,000.
If the 38.2 fib level is breached and the daily candle closes, there could be a possible drop back down to the $21,300 range.
*Not financial advice. Just my take on things*
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Coming up against a strong resistance zone at $23,000, bitcoin needs to hold the 38.2 fib level and stay above the 21 day MA to reach the supply zone at $25,000.
If the 38.2 fib level is breached and the daily candle closes, there could be a possible drop back down to the $21,300 range.
*Not financial advice. Just my take on things*
Please smash the LIKE button and let me know what you think!
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