Bitcoin Price Analysis

Bitcoin (BTC) Price Analysis: Short-Term Bullish Pullback Levels

Bitcoin is still on a tear but could use a pullback in order to sustain a climb. Price hit resistance close to the $4,100 mark and appears ready for a retracement to the Fib levels on the 1-hour time frame. Applying the Fibonacci tool shows that the 61.8% level is closest to the newly-formed rising trend line and an area of interest. The 38.2% level is closer to the 100 SMA dynamic support, which…
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