Bitcoin Analysis
Bitcoin’s price marked-up again on Sunday to the tune of 1.04% and was +$175.4 for its daily trading session.
We’re leading-off a new week of crypto price analyses with the BTC/USD 1D chart via wavesurferXBT. At the time of writing, BTC’s price is trading between the 0.236 fibonacci level [$16,907.04] and the 0.382 fib level [$17,778.07].
If BTC’s price can hold the 0.236 fib level and again reclaim the $17k level they’ve a secondary fib target of 0.382 [$17,778.07]. Above that level the targets on BTC are 0.5 [$18,482.04], 0.618 [$19,186.02] and 0.786 [$20,188.30].
Bearish BTC traders have another objective however, they’re aiming to send BTC’s price below the 0.236 fib level with a secondary target of a full retracement on the BITSTAMP chart of 0 [$15,499.09].
The Fear and Greed Index is 25 Extreme Fear and is equal to Sunday’s reading.
Bitcoin’s Moving Averages: 5-Day [$16,799.82], 20-Day [$16,917.56], 50-Day [$17,344.80], 100-Day [$18,6
We współpracy z: https://en.cryptonomist.ch/2023/01/09/crypto-analysis-bitcoin-ethereum-near-protocol/
