Get started
CryptoTradeTips-Muzzy

BTC Short and Correction with Macro and Micro Fib Target Levels

Short
Bitcoin (COINBASE:BTCUSD)  
CryptoTradeTips-Muzzy Updated   
COINBASE:BTCUSD   Bitcoin
Fibonacci Support and Resistance Economic Cycles Bitcoin (Cryptocurrency) BTC shortsetup Bearish Patterns
3
0
fibonacci supportandresistance economiccycle bitcoin btc shortsetup bearish
BTC looks to be in a correction phase here, and it's not over. Looking to 22k as the downside target with plenty of bounces between before we really get to levels where we can even consider more upside.
Comment:
This broke the other way, still valid if we come back down t the 1.618fib, however the entry would be on a breakdown of the fib
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.