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UnknownUnicorn3245865
Jan 6, 2022 1:05 AM

My BTC prediction - Full retrace to .786 FIB level ($37,200)  Short

BITSTAMP:BTCUSD1W
Bitcoin / U.S. dollarBitstamp

Description

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Here is my view on what will happen to BTC. Please note all views are MY OWN and NOT financial advice.

I believe we will make the full retrace to a .786 FIB level and hit somewhere around $37,000. Which will also line up with a upward trend line.
That will be my own personal buying point if I decide to buy.
Chart PatternsTechnical IndicatorsTrend AnalysisBTCUSDbtcusdshortBTCUSDT
Comments
Skyito
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I was bearish for BTC for the past 3 months and think it will hit 36k but now it may not be the case. Likely will retrace from here
Skyito
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@Skyito, If by Friday, the price can maintain 44.7k and above, as it will bounce up at least for a short term.
UnknownUnicorn3245865
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@Skyito, Yeah i see your point. Pretty hard to tell now, i believe we still have a bit lower to go.
Skyito
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@Plizy, Now it is confirmed will go lower haha welcome to 39k region
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