Hello guys bitcoin just jumped 800$ now current price 6800 .. seat back tightly ... Something is coming ⛩ BTC ⛩
This is just TA
[1 chart]: The impulse attempted to overcome the resistance of Fib 0.618 relative to the last decline wave. This growth can be considered as a correction, but if the price overcomes the current resistance, then we can consider further positive development. Be careful, the market still has the ability to move lower to Fib 0.786 (about 6400$).
[2 chart]: We are in the formation of a raising wedge, the price may fluctuate within it for some time, there is a chance to fall to its lower edge and get a rebound towards the Fib 0.5 level (about 6900-7000$). The breakdown of the bottom of the pattern, namely the support area around 6460$, will indicate that we have an opportunity to fall lower, where the nearest possible rebound will be near 6120$.
[3 chart]: If we consider the current position of Bitcoin from the point of view of the formation of the bull flag, then the market still has the strength to step higher and test the resistance area indicated on the chart, but we don’t have enough volume to overcome levels 6900-7000$ (at the moment.
😙😎
