Bitcoin/USD (February 14th 2021 through March/June 2021)
Low: $36,674 - $41,350
High: $54,350 - $57,909
High 2: $64,000 - $85,174
Happy Valentine's Day <3
I believe Bitcoin could still be bullish. I can't be 100% certain that the fibonacci ratios I've applied here will work but I do think major selling action will occur off of the upper levels provided here. I think if bitcoin is still bullish after the $54k-$58k range, the next targets could fall in the $64k-$86k range. Everything could crash soon as well but if mass adoption is just getting started, then everything will be very bullish for now. If Bitcoin doesn't crash below $36k after $86k is achieved, I'd say another multiplier could happen potentially taking bitcoin to $121k as another key level. Very interesting with all the Elon and Tesla news.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
Low: $36,674 - $41,350
High: $54,350 - $57,909
High 2: $64,000 - $85,174
Happy Valentine's Day <3
I believe Bitcoin could still be bullish. I can't be 100% certain that the fibonacci ratios I've applied here will work but I do think major selling action will occur off of the upper levels provided here. I think if bitcoin is still bullish after the $54k-$58k range, the next targets could fall in the $64k-$86k range. Everything could crash soon as well but if mass adoption is just getting started, then everything will be very bullish for now. If Bitcoin doesn't crash below $36k after $86k is achieved, I'd say another multiplier could happen potentially taking bitcoin to $121k as another key level. Very interesting with all the Elon and Tesla news.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
