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Wondering When To Buy Bitcoin? Here Are The Levels To Watch Newsbtc 1 ай бұрын

Wondering When To Buy Bitcoin? Here Are The Levels To Watch 📈

Due to market volatility, determining optimal Bitcoin buying times is challenging. A crypto analyst, ‘Stockmoney Lizards,’ identified key price levels, noting Bitcoin's 5-wave uptrend followed by an ABC correction. Wave B ended at $69,885, a resistance point. The $66,745 price also acts as resistance, while the 1.618 Fibonacci extension level is a support area. Critical buy levels to monitor are between $61,800 and $62,300. If Bitcoin drops below $61,800, it may decline to $56,800. Overall, the analyst forecasts a bullish outlook for Bitcoin in the short and mid term, with potential new all-time highs expected by September 2024.

Source: www.newsbtc.com ↗

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