Bitcoin just doesn't look like slowing down, with having enormous gains since the the start of the pandemic crash dating back to March 2020.
As aforementioned in previous analysis , gains as such come with relief or pullbacks technically speaking. If we are the break the daily structure support directed, we can expect a pullback to the 52K region.
if we break the last significant lower high we can reach the -0.27 fib level shown as the next bull target.
When it comes to crypto analysis always zoom out and look at what the weekly/daily timeframes are showing price action. This is extremely important when invested in such a speculative asset.
Trade safe
Sunny
As aforementioned in previous analysis , gains as such come with relief or pullbacks technically speaking. If we are the break the daily structure support directed, we can expect a pullback to the 52K region.
if we break the last significant lower high we can reach the -0.27 fib level shown as the next bull target.
When it comes to crypto analysis always zoom out and look at what the weekly/daily timeframes are showing price action. This is extremely important when invested in such a speculative asset.
Trade safe
Sunny