BTC - Make or break? 37k?
TA Methods-
The overall Parallel Channel creates a trending level of support.
Fib retracement is based on the ATH to March '20 low.
Fib time extension is based on the Jan 1st '21 breakout to the first ATH and extended from there.
My future price target of 74k by June is based on the same measured move of the previous rally (replicated candles) combined with the fib time extension.
37k~ Is my line in the sand for Bitcoin. I'd love to get your opinion's on this TA and your "line in the sand" for the bull market as well.
Thanks for looking :)
The overall Parallel Channel creates a trending level of support.
Fib retracement is based on the ATH to March '20 low.
Fib time extension is based on the Jan 1st '21 breakout to the first ATH and extended from there.
My future price target of 74k by June is based on the same measured move of the previous rally (replicated candles) combined with the fib time extension.
37k~ Is my line in the sand for Bitcoin. I'd love to get your opinion's on this TA and your "line in the sand" for the bull market as well.
Thanks for looking :)
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.