pinchez254

BTC Macro time Bullish reversal.

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Bitcoin is seeking 200 Weekly Exponential Moving Average. This is is an area of confluence with static Fibonacci retracement to 61%-65% golden pocket region. If we look left for clues, we can see region also acts as support for the previous covid low. Price is expected to set lower lowers on micro timeframes until confluence with 200 EMA before a strong bullish reversal.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.