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    [Daily Discussion] - Saturday, January 22, 2022 Bitcoin Markets

    [Daily Discussion] - Saturday, January 22, 2022 Bitcoin Markets


    [Daily Discussion] - Saturday, January 22, 2022

    Posted: 21 Jan 2022 09:00 PM PST

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    submitted by /u/AutoModerator
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    [Daily Discussion] - Friday, January 21, 2022

    Posted: 20 Jan 2022 09:00 PM PST

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    • General discussion related to the day's events
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    Lot of Fibonacci support levels below here, about 5% lower to 25%/30% worst case

    Posted: 21 Jan 2022 09:39 AM PST

    Times like this, step back to the long-term charts to see the big picture

    I'm using more retracements on this than I usually do because I wanted to see multiple levels, normally would just be one Fib Extension on the most recent key low to the key high (bolded numbers below)

    https://i.imgur.com/ogzpG6o.png

    Fib levels: 36438, 34011, 31775, 28754, 26721

    Upside targets: 82k, 103k, 109k

    There is also potential upwards channel trendline support around current prices, but hard to use that confidently with the current price action

    submitted by /u/rufusjonz
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