Key Level to Watch for Bitcoin đ
Bitcoin's critical level to maintain is the 38.2% Fibonacci retracement.
It may be tough to watch, but on the monthly chart, even if the price dips further, as long as it closes above this levelâas it has in previous monthsâthe bullish momentum remains. Like it or not, the bull run is still on.
We'll reevaluate if this level breaks, but we aren't there yet.
