Bitcoin Analysis Dip Scenario 12/2/2020

in Crypto Trading4 years ago

As of now the price of bitcoin continues to go higher, of course the price will not go up forever at some point the price will experience a decrease or correction. Here is my analysis of the Bitcoin price dip

Here I use the Fibonacci retracement analysis by pulling the price from 10k to 20k so that the 0.618 level is the at $13.800.

Whether the price of bitcoin will drop to that price, I don't know we'll see.

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