We are now sure that Bitcoin will return from the 0.3 Fibonacci range, as a result of this return there are two possible situations or it will hit the 55,000 ceiling and form a double-top pattern and will return, if it fails to reach the previous range of the 41,000 channel range. The break will continue to grow again, or after the failure of this channel, it will most likely correct to the range of 15,000 to 20,000 units, or in the second possibility, after reaching 55,000, it will break the ceiling and move towards the moon! Anything that is likely to cause Sharpe to grow or fall. Do we have to wait for the trading volume to see what happens?
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.