Bitcoin (BTC) 0.382 Fibonacci Retracement: Support & Historical Context
BTC has been consolidating on top of the 0.382 fib after pulling back in from the 0.618 in 2019 measuring from the top of the 2017 bubble to the bottom in 2018.
A pullback from the 0.618 to the .0382 is a rather common pattern. This pattern can notably found in bull markets, for example it happened in 2016 – 2017.
Bitcoin Fibonacci retracements for 2015 – 2019 by fib level.
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GBTC Premium Turns Negative: Bitcoin Oversold Opportunity?
GBTC, which often trades at a high premium traded negative today. Right now, BTC is at $48k and Grayscale is trading under $45. In general, I would take this as a sign that Bitcoin is oversold, f
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Bitcoin (BTC) Triangle Analysis: Is a Breakdown Imminent?
BTC hit 2018 lows today, and at first it seemed the overarching 2018 triangle was breaking down. However, the triangle never really fully broke down in both USD and USDT. Take a look at the chart
Bitcoin
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