Will Bitcoin Go Up or Down from Here?
2024-12-27
Category: None

Where does Bitcoin go from here? 

In my previously published idea I supported the idea for a bounce from 95k. We did closed above 95K but looks like we are not going to hold it..

According to Fibonacci (using my Dynamic Fib Retracement indicator), if we now close below the preliminary fib line around 95K, this could spell trouble for Bitcoin and result in more downwards price action.

Also according to the  DFR , targets for that would be:

80.5K USD (The Orange 'Median Line') and 70-73K USD (Inside the blue Fib Golden Pocket)

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