InvestMate|Bitcoin Going for 16.8K?💲

💲Bitcoin Going for 16.8K?

💲Post is a direct continuation of my previous post about bitcoin

💲After defending the support zone at 16.6k levels.

💲It's time to accumulate at 16.7k levels.

💲Measuring the recent downward correction of the uptrend. The most likely scenario seems to be a continuation of the uptrend at least up to the 16.8k levels.

💲Where the resistance level of 1.618 of the last downtrend correction is located. And the 0.618 level of the last big wave of declines.

💲*Please do not suggest the path I have drawn with lines this is only a hypothetical scenario for further increases.

💲The scenario I am playing out is a continuation of bitcoin's increases to resistance levels

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