The Fibonacci resistance level comparisons since the All-Time-High (purple) and the previous high (green) show a correlation to the main resistance at 29K USD. I am expecting a pump to at least ~25K USD, which is the lowest fibonnaci resistance level since the beginning of March (previous high).
I estimate the pump can happen from the 4th to 8th of July 2022, if we should see a RSI bullish rejection breakout (which seems very likely now).
This is not financial or investment advice.
Ghi chú
Looks like we are transitioning from a full pump to a steady rise. The bears just do not want to accept the inevitable rise of the Bitcoin price. Either way, its looking good for the bulls.
Ghi chú
Expecting a bearish sentiment around 25K to 29K USD. Waiting on the price to reach 29K USD before buying BTC seems like a risky bet, but if the monthly candle finishes above 27K then we will be likely to see 29K as well, sometime next month.
Ghi chú
The Elon Musk sell-off dip might scare shaky hands. I am not waiting for 25k. I am now waiting for the bottom of the dip. It might be a small dip or a large dip.
Ghi chú
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