Hi guys
Like you, I was amazed at the rapid growth of bitcoin .
I do not know if it was because of the news of Russia’s negotiations with Ukraine or something else …
But in any case, let’s go to the new bitcoin analysis update …
As you can see in the analysis, we are back to our 38 fibo level (famous level).
But I’m still a bear. Because we are completely down in the process of a to b.
If the price returns from this level, we will go to 36,800.
And if this level is broken (closing the daily candle) the price can increase up to 47.
I wait for the task at this level to be broken and then decide on my trades.
We are generally in the bear market until AB is compensated, what do you think ??