Bitcoin Fibonacci Retracement, Death Cross Confirmed, Major Support – 26.06.2021

Bitcoin Fibonacci Retracement

As expected by many technical analysts the 200 MA has crossed below the 50 MA on a Daily chart, which confirms the Death Cross signalling the possibility of the beginning of a bear market. At the time of writing this analysis, BTC is testing again it’s major support level between $29,000 and $30,000. As mentioned … Read more