just did a fib retracement in the first wave of this year in bitcoin.
by this chart it could correct to 2000€ (0.5 fib retracement)?
any sugestions? www.tradingview.com
I’ve been looking at the weekly chart and I’m seeing a head and shoulders pattern.
Another thing that makes me worry is that it looks too good to be true, I mean that bitcoins price is just going up(with small pullbacks) and I wonder when it’s going to stop. It cant be a bull market forever. If it does stop will it consolidate or will it pull back...