Taking it back to the old school!
Due to recent security concerns, we're going analog with our market analysis. Here's our latest Bitcoin price projection using the Fibonacci sequence:
Fibonacci Levels
- 23.6%: $114,419.11
- 38.2%: $110,411.91
- 50%: $106,704.71
- 61.8%: $102,000.00
- 76.4%: $97,411.91
Price Projection
Based on the Fibonacci levels, here's a possible price projection:
- Short-term (4 hours): Bitcoin's price may bounce off the 23.6% level ($114,419.11) and rise to the 50% level ($106,704.71).
- Mid-term (24 hours): Bitcoin's price may consolidate between the 38.2% level ($110,411.91) and the 61.8% level ($102,000.00).
- Long-term (7 days): Bitcoin's price may break out of the 76.4% level ($97,411.91) and rise to new highs.
Important Disclaimer:
_This is not financial advice. Do your own research (DYOR) and consider multiple sources before making any investment decisions._
_The cryptocurrency market is highly volatile, and prices can fluctuate rapidly._
_Past performance is not indicative of future results._
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