$BTC has come very close to the pivotal $100k level that many believed would never happen but $BTC bulls thought it was inevitable.
The 2.618 Fib remains at $102k but we know that the general public buying and selling $BTC will not know the importance of $102k....many will be happy that their investment got to $100k and they may consider selling at this point.
That being said, many may consider chasing at this point and push this up to the extended 3.618 Fib at $119k, especially if the market 'melts up'
I think if you are holding $BTC, continue to hold unless there is a strong resistance and some rejection, for now, I am not seeing that.
Charlie
2024-11-22 14:56:50 +0000 UTCDC
2024-11-22 13:03:59 +0000 UTCAsh Nyc
2024-11-22 12:21:53 +0000 UTC