Taking a look at the 4-hour time frame of Bitcoin, that hammer candlestick looks very bullish as we backtested the $59,800 & $61,115 support level and are about to print upwards. This was painting the bottom wick of the monthly candle and Bitcoin is looking like its about to turn this $63,564 - $64,581 resistance level into support.
This month of November is looking very good as we are going to approach new all-time-highs with the price target of $77,219 in mind to complete the Fibonacci Extension.
TP1 🎯 $68,361.69 (3.618 Fib)
TP2 🎯 $77,219 (4.236 FIb)
This month of November is looking very good as we are going to approach new all-time-highs with the price target of $77,219 in mind to complete the Fibonacci Extension.
TP1 🎯 $68,361.69 (3.618 Fib)
TP2 🎯 $77,219 (4.236 FIb)
