This is not an investment advice to invest. Please do your own search and invest wisely.
BTC can bu bumpy when it is going down or up. In this chart I am not showing any short term analysis. Roughly around May or June there might better opportunities to enter the market after confirming reversal. That reversal can come earlier or much later. No one can know exactly when. Based on simple support line and FIB rates; mine is just a guess. And remember in the crypto world up to 88-95% retracement is normal.
BTC can bu bumpy when it is going down or up. In this chart I am not showing any short term analysis. Roughly around May or June there might better opportunities to enter the market after confirming reversal. That reversal can come earlier or much later. No one can know exactly when. Based on simple support line and FIB rates; mine is just a guess. And remember in the crypto world up to 88-95% retracement is normal.
Comment:
that run towards 10500 was used to cover up the incoming drop. Check 2018 bear period same thing happened. in or around April 2018. Everyone thought that it broke the resistance and on it's way to higher highs. 4500 should be tested in time now maybe a couple of times. we will see if it will hold.