TexasWest Capital analyst Christopher Inks made a statement regarding the current price movement of Bitcoin (BTC).
Christopher Inks dated 28 December in your post, examined Bitcoin on the hourly chart. your price 0.705 Fibonacci breakout at $42,246 a strong one from the region support Christopher Inks stated that he found return movement he pointed out.
The analyst noted that Fibonacci zones can be an important signal for reversals, especially when they intersect with liquidity zones. If Bitcoin can sustain this comeback, it will continue a stronger bullish wave visible.
Bitcoin was bought at the 0.705 Fib level and is tracking an upward move.
in January spot Bitcoin ETF applications The cryptocurrency market, which is waiting for its approval, continues to maintain its upward momentum, especially since the end of November.
On the other hand, some market experts say that if spot Bitcoin ETF applications are approved in January,news sellHe also thinks that the situation may occur.
According to CoinGecko data, in the last 24 hours 0.2% increase Bitcoin exhibiting, at the time of writing from $42,833 is being traded.
