How resistance levels are determined $BTC
On the 4H chart, I drew a Fibonacci retracement; around 63,700 is the 0.382 resistance level.
After a weekend, the market consolidated and moved out of the downward trend. Next, we need to decide the direction again, but for now, we should watch for a rebound to confirm the trend.
On the 4H chart, I drew a Fibonacci retracement; around 63,700 is the 0.382 resistance level.
After a weekend, the market consolidated and moved out of the downward trend. Next, we need to decide the direction again, but for now, we should watch for a rebound to confirm the trend.