In each Bitcoin bull cycle, the 0.618 Fibonacci level is very important. Once the price goes above the 0.618 level, it has never fallen below it. In this cycle, the price has been staying above the 0.618 level for the past few months. Once this consolidation is broken, we can expect a massive bull run
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
#Will Bitcoin 2024 Conference drive a BTC rally? #Will Bitcoin 2024 Conference drive a BTC rally?
In each Bitcoin bull cycle, the 0.618 Fibonacci level is very important.
Once the price goes above the 0.618 level, it has never fallen below it.
In this cycle, the price has been staying above the 0.618 level for the past few months. Once this consolidation is broken, we can expect a massive bull run