BItcoin technical analysis: Bitcoin Diamond Bottom Ready for Liftoff

ronnn(51)
Published in
#bitcoin
Words
98
Reading
1 min
Listen
Play
8y

Capture.PNG

Pretty clear from the chart, but we have a descending wedge that finished with the rare but highly reliable, I'm talking 81% Price Target Accuracy reliable, The Diamond Bottom. The fib retracement from March 5th to April 1st supports the Price projections of the Diamond Bottom and the falling wedge . The Diamond Bottom at the 8,500 +/- 100 zone which corresponds to the .382 fib retrace and the falling wedge price target at 10,600 +/-100 zone which corresponds to the .786 Retrace. When we get back to 10k the FOMO will set in and away we go.

BItcoin technical analysis: Bitcoin Diamond Bottom Ready for Liftof... | Ecency