Bitcoin Analysis
Bitcoin’s price painted its third straight candle in positive figures to start this week and concluded its daily session +$178.2.
First off for this Thursday we’re analyzing the BTC/USD 12HR chart below by nagihatoum. BTC’s price is trading between the 0.236 fibonacci level [$16,933.13] and the 0.5 fib level [$18,346.88], at the time of writing.
If bulls of the Bitcoin market can hold the 0.236 and the $17k level, they’ve overhead targets therefore of 0.75 [$19,794.32], 1 [$21,355.94], 1.618 [$25,765.64], and the 2 fib level [$28,935.54].
Bearish traders are conversely aiming to send BTC’s price again below the 0.236 fib level with a secondary aim of 0 [$15,761.80].
BTC/USD 12HR chart: the price is trading between the 0.236 fibonacci level [$16,933.13] and the 0.5 fib level [$18,346.88]The Fear and Greed Index is 29 Fear and is equal to Wednesday’s reading.
The Fear and Greed Index is 29 Fear
Bitcoin’s Moving Averages: 5-Day [$16,678.57], 2
We współpracy z: https://en.cryptonomist.ch/2023/01/05/cryptocurrencies-value-bitcoin-ethereum-avalanche/
