Name: Quick Bitcoin Price Action Update
Uploaded: 2021-02-28T16:30:07.784976
Channel: norok
Description: I wanted to put out a quick Bitcoin price action update on this pullback. YES [symbol="BITSTAMP:BTCUSD"]BITSTAMP:BTCUSD[/symbol] is in fact at a major 50% retracement level from the ATH. If you were looking for a smart buy this could be an opportunity. HOWEVER, you must consider the further pullbacks that are possible and what they mean for the long term bullish trend of Bitcoin.

Trend Analysis Bitcoin (Cryptocurrency) BTCUSD Cryptocurrency 50retracement

trendanalysis bitcoin btcusd cryptocurrency 50retracement

I wanted to put out a quick Bitcoin price action update on this pullback. YES

BTCUSD is in fact at a major 50% retracement level from the ATH. If you were looking for a smart buy this could be an opportunity. HOWEVER, you must consider the further pullbacks that are possible and what they mean for the long term bullish trend of Bitcoin.

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