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Babenski
Jan 8, 2021 3:28 PM

My view about BTC (monthly chart) 

Bitcoin / TetherUSBinance

Description

BTC / USDT

price after massive pump over pump its enter now in strong resistance fibonacci zone
( 41k - 47k )

Take care BTC didnt correct real correction until now it can start to correct from this resistance zone

The next strong support level (1.618 fib) is around 30,000$
If price dropped there we can expect bounce
Next one after is (support around 20k )
If price dropped to 20k will be agood opportunity to buy BTC again in current situation

🚨 If BTC Breakout 47k and close above by weekly candel at least it can open the way to 63,000$

Do you agree ? ..share your opinion below
Good luck 🍀

Comment

UPDATE :

Price reached support as expected !
BTC dropped 22.44% from the top
Wait for the next update..

Comments
klot_1
Do you think the correction is over with that touch around the 35k or yet to start? similar move recently but didn't complete a proper correction. Short?
Babenski
@klot_1, @klot_1 too early to say anything ..but the ideal area for buying BTC according to higher time frames are around 30k-33k and 20k ,if market give us bullish signs there .
TheSignalyst
I like your trading style a lot. nice one
Babenski
@TheSignalyst thanks 😊
bocak7
And what alts do you have in your mind ? .. alts which I bought 3 years ago are still low..only good coins survived in my wallet :)
andreivanghelis
@bocak7,
LTC,ADA,EGLD,NEAR,LINK,DOT,ZEN,BAND,REN
Babenski
@bocak7 i cant answer questions like that .. ofcourse top coins are more safer than other when look at long term ..but i see chart first then say 😀
tecnica
Last opportunity to buy alts cheap !!!
tecnica
Last STOP before the missile takes off. Last opportunity to buy alts
Babenski
@tecnica ...BTC dominance still high ..alts can grow strongly but wait BTC dominance for drop
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