Bitcoin Reaches Key Weekly .612 Fibonacci Retracement Level, Raising The Potential For A Significant Lower High Formation
- Posted on May 6, 2025
- By Yahoo News
- 1 Views
Bitcoin Reaches Key Weekly .612 Fibonacci Retracement Level, Raising The Potential For A Significant Lower High Formation
Bitcoin has had an impressive week, trading up over 3% from a low of $93,700 to a high of $97,865. As of Friday afternoon, it is retracing slightly, hovering around $96,600. While the momentum remains bullish in the short term, price has now reached a ...
