Will Bitcoin rise after a pullback of $BTC ?
Bitcoin experienced a brief pullback today, reaching the Fibonacci retracement level of 0.382. If you observe the daily chart, you can also see it overlapping with the support level.
Overall, during this period, Bitcoin has risen nearly 40% from the bottom of 74,000. There will definitely be selling at the key resistance level, but in the long term, the outlook remains positive, with opportunities to test the upper resistance level again.