menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Technology News

>

Bitcoin’s ...
source image

TronWeekly

2d

read

167

img
dot

Image Credit: TronWeekly

Bitcoin’s Next Big Move: Can It Overcome the Fib 1.618 Resistance?

  • Bitcoin is holding above the Fib 1.272 level and is aiming to break through the crucial Fib 1.618 resistance, with investors eyeing a potential major price surge.
  • BTC needs to form a five-wave pattern for a confirmed bullish trend and sustained upward movement, as market analysts closely watch its progress.
  • The ability of Bitcoin to overcome the Fib 1.618 resistance level will be significant in determining its future market movement, with potential for increased volatility.
  • Bitcoin is currently undergoing a correction process, with analysts awaiting clearer signs of a solid uptrend and a strong upward five-wave pattern to indicate an actual uptrend.

Read Full Article

like

10 Likes

For uninterrupted reading, download the app