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BTC backs to Fibonacci 0.5 at to $53,300? Even lower?
Bitcoin / TetherUS
Short
BTC backs to Fibonacci 0.5 at to $53,300? Even lower?
By live_indicators
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Oct 25, 2021
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Oct 25, 2021
We saw BTC touched Resistance level at 66.5K and moving back.
Right now, it is moving around Fibo 0.236 (60.5K).
The down trend will be confirmed when D1 closes below 59k. When this happens, the next target should be Fibo 0.5 (53.3K) or even Fibo 0.618 (50K).
What do you think?
BTC
Fibonacci Retracement
Technical Indicators
short
Trend Analysis
Zigzag
live_indicators
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