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MillionaireEconomics
Jan 22, 2023 1:47 AM

Bitcoin Pump: How High Can It Go? 

Bitcoin / U.S. dollarBitstamp

Description

Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD).

Bitcoin price has been pumping recently. So where could the price get up to before a retracement? I used the VPVR (Volume Profile) and Fibonacci Retracement to get an idea of where the price will see resistance and possibly heading back down. RSI is very high so a retracement may happen earlier.

If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
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