Im not expert trader here but I like to share my technical analysis on you would love to hear your analysis regarding the new development on Bitcoin.
Based on fib retracement the 0.382 mark was already break if it continue to move upward it will certainly go up to 0.618 mark which have the equivalent of 14K USD. And if the resistance persists it will continue to break the 1 mark equivalent to 19K USD. What Im seeing here is another breakout is for BTC. Guys like to know your thoughts about this.
We can see that the price of bitcoin in the past few days has had a very good recovery but I really think there is no breakthrough. On the other hand, the price of bitcoin at present is falling extremely strong and has reached the level of $ 9800. I think it is very difficult for bitcoin to continue to break through and pass the 20000 mark and it will take a long time for bitcoin to do it.Based on fib retracement the 0.382 mark was already break if it continue to move upward it will certainly go up to 0.618 mark which have the equivalent of 14K USD. And if the resistance persists it will continue to break the 1 mark equivalent to 19K USD. What Im seeing here is another breakout is for BTC. Guys like to know your thoughts about this.