Brought out the Fib Ret tool and the point of origin is from $3356 up to top of the 2nd base of the parabolic curve which is at $5650.
Base 4 has camped out at the 1.618 for a short while after it retraced from the 1.786 level.
Price then continued to push up and reached the 2.0 fib level.
At this moment, Bitcoin appears to be pushing upwards.
If Bitcoin chooses to continue going up, the next fib level is at 2.272.
Place your stops at the appropriate level.
Happy Trading!
Base 4 has camped out at the 1.618 for a short while after it retraced from the 1.786 level.
Price then continued to push up and reached the 2.0 fib level.
At this moment, Bitcoin appears to be pushing upwards.
If Bitcoin chooses to continue going up, the next fib level is at 2.272.
Place your stops at the appropriate level.
Happy Trading!