Bitcoin Analysis
Bitcoin’s price closed $503.4 higher than it opened on Wednesday and in positive figures for a fourth consecutive daily session.
The BTC/USD 1D chart via Emvo10 is the first chart we’re looking at for this Thursday. BTC’s price is trading between the 0.786 fibonacci level [$17,567.83] and 1 [$20,490.00], at the time of writing.
The targets to the upside on Bitcoin are the 1.272 fib level [$24,204.16], and the 1.618 fib level [$28,928.79].
The first target to the downside for bears is the 0.786 fib level. The secondary target is the 0.618 fib level [$15,273.79] followed by 0.5 [$13,662.50], 0.382 [$12,051.21], 0.236 [$10,057.58], and a full retracement at 0 [$6,885.00] on ETH.
BTC/USD 1D chart: the price is trading between the 0.786 fibonacci level [$17,567.83] and 1 [$20,490.00]The Fear and Greed Index is 30 Fear and is +4 from Wednesday’s reading of 26 Fear.
The Fear and Greed Index is 30 Fear
Bitcoin’s Moving Averages: 5-Day [$17,166.65], 20-Day
We współpracy z: https://en.cryptonomist.ch/2023/01/12/bitcoin-ethereum-shiba-inu-value-analyses/
