$BTC

Is Bitcoin going to rally after the pullback?

Bitcoin experienced a brief pullback today, reaching the Fibonacci retracement level of 0.382, and if you observe the daily chart, you can also see that it coincides with the support level.

Overall, during this period, Bitcoin has risen nearly 40% from the bottom of 74,000. At the key resistance level, there will inevitably be sell-offs, but in the long run, the outlook remains positive, and there is a chance to test the upper resistance level again.