Bitcoin Analysis Dip Scenario 12/2/2020

in hive-171551 •  4 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.

image.png

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!