Bitcoin Update $BTC
"But in the end, we are heading towards a guaranteed rise when the 0.618 Fibonacci point is breached at $64,300 for Bitcoin and then reaching the $73,000 area with ease"
This was our analysis on August 16, just one week ago, and this was our statement according to the Fibonacci analysis and reaching $64,300 with ease
Now, after reaching this area, we notice some simple, logical and natural corrections at the present time, despite the great impact of this correction on alternative currencies
However, I see that Bitcoin will witness a noticeable rise in the coming few days and a large acquisition at the level of the market as a whole
The best scenario ever and expected soon is that we reach the next resistance at $68,500 for Bitcoin at 0.78 Fibonacci and from there launch a new peak
The worst scenario is unlikely The occurrence is the formation of a new bottom near the $50,000 areas
Please everyone, no one should be affected by any negative events or news, hold on to your currencies and follow the behavior of whales and do not let anyone affect your direction, especially at these times