I have drawn some conclusions about bitcoin .
Currently, the price tested the $17,815.66 resistance line (0.786 Fibonacci level) and failed.
The price has bounced back weakly and is heading towards a strong resistance.
I expect that the price may make a slight correction to a local high and$17815.66 (Fibonacci level 0.786) and then it starts to decline.
And I think so bitcoin It might drop below the $15,527.26 support line (Fibonacci level 1.27) and continue lower.
Then I think the price can break the support line and go down.
I set my first goal inand the local low at $15,527.26 (Fibonacci level 1.27).
Also, I think the price may breakAnd keep moving down until it gets strong .
Then i think fibonacci 0.886 is strong
So I set up the second target at $11,303.94 (0.886 fibonacci level) and $10,830.47 (yellow line).
There are also some important points bitcoin
This is my opinion, I really hope it will be useful to you.
This is an article, not financial advice, always do your own research.
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Be prepared and save your money. Make big profits!