BTC price has been moving in the consolidation zone for 8 days.
If we consider the swing from 31st Dec 2022 - 2nd Feb 2023, the price has followed Fibonacci Retracement with the price bouncing back after reaching the 0.618 retracement level. Any upswing can push the price to the 30k level.
Note:
Note: Studies are for educational purposes only.
We will not be responsible for any kind of your Profits & Losses.
If we consider the swing from 31st Dec 2022 - 2nd Feb 2023, the price has followed Fibonacci Retracement with the price bouncing back after reaching the 0.618 retracement level. Any upswing can push the price to the 30k level.
Note:
Note: Studies are for educational purposes only.
We will not be responsible for any kind of your Profits & Losses.