I LEAVE YOU THE ANALYSIS MADE WITH THE IAS THAT I USE I HOPE IT HELPS YOU, FOLLOW ME ON THE NETWORKS AND READ THIS DATA I HOPE IT HELP YOU... HUG TRADER!
To analyze the possible maximum of Bitcoin this month using Fibonacci levels, we can consider the following key points:
Fibonacci Levels: The most relevant Fibonacci extension levels are 1.618 and 2.272, which have historically been reference points for Bitcoin peaks1.
Current Analysis: According to recent analysis, Bitcoin has broken through key resistances and is in a price discovery phase. Fibonacci levels suggest that the price could reach between $173,088 and $458,31912.
Bullish Trend: Bitcoin has shown strong bullish momentum, with robust trading volume and increasing market dominance2.
Price Projection
Level 1,618: Approximately $173,088Level 2,272: Approximately $458,319
These levels indicate the potential range that Bitcoin could reach this month if it maintains its bullish momentum. However, it is important to note that the cryptocurrency market is highly volatile and these levels can fluctuate.
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