$BTC has created the perfect Cup formation now after going above its previous ATH and what we want to see next is a pull back for its ABC correction which would complete the handle of the formation and also give us another great entry to buy to hold long term.
Aiming for the 0.5 Fib at $42.7k to add would be a solid level to buy and hold for long term.
Price has hit the 2.618 Fib and the previous ATH and is looking very extended now.....remember no chart continues moving higher like this, none.
Even the great $NVDA felt this on Friday.
A pull back is coming.....it can go extended to the 3.618 Fib to $82k but holders should wait but starting a position now is simply insane to me.
Anthony Zawadzki
2024-03-20 22:22:48 +0000 UTCSteven
2024-03-12 20:49:21 +0000 UTCRag
2024-03-11 00:30:36 +0000 UTC