When we examine the chart, we see that the fibonacci channel works very well.
I also added fibonacci levels.
When we look at both the channel and the levels, we can see that a touch to the 49K region, which is the intersection point, is possible.
This theory also confirms the cup handle pattern.
After the 49K test, it will start the journey for a real ATH. Around 87-91K.
Bitcoin entered a run thanks to the ETF, but when we look at the general situation, profitability rates have increased.
Just my own views. Let's see what happens. not financial advice. DYOR
I also added fibonacci levels.
When we look at both the channel and the levels, we can see that a touch to the 49K region, which is the intersection point, is possible.
This theory also confirms the cup handle pattern.
After the 49K test, it will start the journey for a real ATH. Around 87-91K.
Bitcoin entered a run thanks to the ETF, but when we look at the general situation, profitability rates have increased.
Just my own views. Let's see what happens. not financial advice. DYOR