I have no idea why everyone is panicking but I see #Bitcoin has performed a retest and created another HL. If you notice the Daily TF Chart with me you can see a healthy retest above our 7 Month long Bull Flag.
Also if we zoom into 4hr TF we can see $BTC held our Golden Fibonacci Ratio as support. And I drew it from previous swing low to previous swing high. And it feels just perfect.
If we look at our RSI Indicator on 4hr TF, we can clearly see that we are around the oversold region.
If we talk more about #BTC bullish indication, this post will not end. I will post more on my future posts. But for now what can be the Bitcoin's next MASSIVE move?
If we usen our Trend Based Fibonacci tool, and draw it from previous swing low to previous swing high then again our recent new higher low, we can see the 1 Fib ratio landing on 82,000. And as per my knowledge and experience I have seen this multiple times that the 1 Fib Ratio is an important level to hit while in an significant uptrend.
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My LTF target is 82,000.
