Hello there, I'm very very super bullish on bitcoin. previous days we saw a very solid bullish move from king of crypto. And the bullish impulse stopped and has rejected from 13200 resistance zone. So we may see a healthy correction from here before going any higher.
It seems that BTC parabolic bull run has started so every dips is for buying and it's fact my friend, not an analysis. But in point of TA view, we can put Fibonacci on the last impulse to find the possible retracement zones. We have 12050, 12270 and 12500 levels as 0.618 , 0.5 and 0.382 . You can split your buys and put your buy orders here. Keep that in mind below the current price is the 12500 broken resistance level that now acts as a very strong support and an important level to hold for further upward moves. And at the other hand there is 13200 resistance level above; when it breaks, Bitcoin will fly to the moon!
Be profitable and good luck!
It seems that BTC parabolic bull run has started so every dips is for buying and it's fact my friend, not an analysis. But in point of TA view, we can put Fibonacci on the last impulse to find the possible retracement zones. We have 12050, 12270 and 12500 levels as 0.618 , 0.5 and 0.382 . You can split your buys and put your buy orders here. Keep that in mind below the current price is the 12500 broken resistance level that now acts as a very strong support and an important level to hold for further upward moves. And at the other hand there is 13200 resistance level above; when it breaks, Bitcoin will fly to the moon!
Be profitable and good luck!