#Bitcoin is approaching a strong demand zone!
This level has acted as solid support several times in the past.
According to the Fibonacci levels, we’re currently at the 0.5 level, which makes this area even more significant.
In my opinion, we’re likely to see a bounce from here.
However, if the price fails to hold this level, there’s a good chance we’ll retest the $92K zone.
But for that to happen, we need a daily close below $100K.
Until then, we’re still in a safe zone.
I’ll keep you updated as things develop.
If you find my updates helpful, don’t forget to like and follow for more!
DYOR, NFA
This level has acted as solid support several times in the past.
According to the Fibonacci levels, we’re currently at the 0.5 level, which makes this area even more significant.
In my opinion, we’re likely to see a bounce from here.
However, if the price fails to hold this level, there’s a good chance we’ll retest the $92K zone.
But for that to happen, we need a daily close below $100K.
Until then, we’re still in a safe zone.
I’ll keep you updated as things develop.
If you find my updates helpful, don’t forget to like and follow for more!
DYOR, NFA
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Register on WEEX and Blofin and trade with me: 👇
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
support.weex.com/en/register?vipCode=bamn
partner.blofin.com/d/Cryptomojo
Free TG Daily Futures Signals: 👉 t.me/CRYPTOMOJO_TA
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.