#Bitcoin had made a big run after closing the 3-week candle in November on the Fibonacci 1.618 level, which was obtained by reference to the July 2023 peak and September 2023 bottom point.
Likewise, the third weekly candle is about to be completed on the Fibonacci 1.618 level, which is obtained by taking the March 2024 peak and August 2024 bottom point as reference.
Likewise, the third weekly candle is about to be completed on the Fibonacci 1.618 level, which is obtained by taking the March 2024 peak and August 2024 bottom point as reference.
Trade active
Run it back turbo #Bitcoin is ready for the new parabolic leg!
Trade closed: target reached
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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.