BitcoinLong
Trading plan: BTCUSD (Bitcoin)
Current situation:
Despite the short-term growth of Bitcoin rate, it is still in the clutches of bears. We see the possibility of a rollback of Bitcoin's price to 0.61% Fibonacci, and only then the continuation of growth.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$8000;
$7740.
Support levels:
$7241;
$6850;
$6590
$6108;
$5942
Forecast:
The increase in Bitcoin's price from the level of $ 6850 to the $ 8000 - $ 7740 zone.
Despite the short-term growth of Bitcoin rate, it is still in the clutches of bears. We see the possibility of a rollback of Bitcoin's price to 0.61% Fibonacci, and only then the continuation of growth.
Key levels are used by traders to identify immediate targets, limit losses, fix profit, entry points.
Resistance levels:
$8000;
$7740.
Support levels:
$7241;
$6850;
$6590
$6108;
$5942
Forecast:
The increase in Bitcoin's price from the level of $ 6850 to the $ 8000 - $ 7740 zone.
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