The bitcoin price formed a new high yesterday at the $20466 level. Soon there was a price pullback, and now we are back in the zone around $20,000 at 38.2% Fibonacci. for the bullish option, we need to maintain this level now and, with a new positive consolidation, try to continue on the bullish side. Then we would once again test yesterday’s high and 50.0% Fibonacci at the $20500 level. Additional resistance in that zone is the upper trend line. A breakthrough above would be a great benefit for us and the further continuation of the price recovery. A potential higher target is the $21,000 level at 61.8% Fibonacci. ... (full story)