MillionaireEconomics

BTC Bitcoin: Short Term Rebound Target

BITFINEX:BTCUSD   Bitcoin
Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD).

The chart is self explanatory. I circled a few target areas based on dead cat bounces after the recent drop in BTC price. To support the analysis, I have included the VPVR, Keltner Channel, Ichimoku Cloud, Fibonacci Retracement and RSI.

I have been calling drops on BTC since November and December of 2021. I am more concerned than before that more drops are coming. Be careful.

If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.

Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics

I chart on Tradingview: www.tradingview.com/symbols/BTCUSD/?aff_id=25106

I hold crypto on Ledger Hardware: shop.ledger.com/?r=9f683f228f19

I find value in the data from LuxAlgo:
www.luxalgo.com/pricing?rfsn=6252565.5f61bd
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