On the 15-minute chart for Bitcoin on Binance, the price needs to break through the Fibonacci 0.382 level to maintain bullish momentum. If Bitcoin fails to surpass this level, it may drop to the $54,000 support area. We're not out of the woods just yet.
Related publications
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.
Related publications
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.