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Watching BTC on Fibonacci When monitoring crypto, it's imp | SVIATOSLAV GUSEV

Watching BTC on Fibonacci

When monitoring crypto, it's impossible not to mention BTC. Does everyone already know? BTC reached $30k, it does not matter if it fell from these values or not, the main thing is that it did. This is a powerful psychological level one and important Fibo zone two.

Opening the correction on the Fibo, we see that BTC, after long attempts, broke through the level of 0.236, and now the next Fibo is 0.382, where the price is $36k.

Now it is important to firm the price above 0.236 and hold positions, and then you can cautiously go long.

Many people are happy now that they can break longs, but the market will shave them off, so be careful. Patience is almost the main success factor in trading.