What I think is gonna happen to Bitcoin #trading #shorts

30 Jun 2023 · 1 min
0:35

In this YouTube short, the speaker outlines a short‑term technical outlook for Bitcoin. He points to a daily‑chart fair‑value gap—an area between the high wick of one candle and the low wick of the next where no price action occurred—and interprets it as a potential retracement zone. Using a Fibonacci analysis, he highlights any region below the 0.5 level as a “discount” area, suggesting it will attract liquidity and be filled. He predicts a modest pull‑back to roughly $29,600 to close this liquidity void, after which Bitcoin could resume its upward move toward a target near $35,000, while acknowledging the possibility of a brief cool‑off.

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