Bitcoin Analysis
Bitcoin’s price regained the $17k level during Wednesday’s trading session and when the day’s candle was printed, BTC’s price was +$722.3.
The first chart we’re analyzing for this Thursday is the BTC/USD 4HR chart below from Altin35. BTC’s price is trading between the 0.5 fibonacci level [$16,665.02] and 0.618 [$16,827.55], at the time of writing.
Overhead bullish traders are seeking to once again climb above the 1 fib level [$17,364.63], followed by targets of 1.272 [$17,757.47], and the 1.414 fib level [$17,966.08].
Bearish traders are attempting to stall the current bullish momentum and again send BTC’s price below the 0.5 fib level. The secondary target for bears is 0.382 [$16,504.07] followed by a third target of 0.236 [$16,307.08] and a fourth fib target of 0 [$15,993.60].
BTC/USD 4HR chart: the price is trading between the 0.5 fibonacci level [$16,665.02] and 0.618 [$16,827.55]The Fear and Greed Index is 27 Fear and is -2 from yesterda
We współpracy z: https://en.cryptonomist.ch/2022/12/01/bitcoin-ethereum-avalanche-price/
