Bitcoin is trading around a crucial fib level on a weekly time frame of 41390 (0.50 fib level).
It seems bullish on higher time frames of weekly as it has taken support form 0.382 fib level, for swing trades we can enter is a 4 hour candle closes above 41500.
On daily time frame analysis, it is forming a lower highs and lower lows and has given a cross over of...
BTC currently going 18680 around 3 days did price correction But now looking like bears are heavy on the market so the bearish wave started now as good for alts BTC will fall near the first fall will be 17800 if the bear market continues.
16 hours of target 18380 around
Possibility= 70%
Its look like reverse head and shoulders wait for confirmation.
Disclaimer: This information is for educational purposes only invest at your own risk !!
