Fibonacci retracement level

Bitcoin price locked above the 79% Fibonacci retracement level at $40,727 on September 21 and directly produced a bullish overwhelming sconce the next day. The uptrend has sustained, yielding a 9% rise so far. A retest of the 50% Fibonacci retracement level at $45,210 is probable to happen if the purchasing pressure perseveres. Here the … Read more