【Bitcoin】BTCUSD 100% Technical Analysis!

Bitcoin, which is popular in the market lately, it seems everyone is looking for a buying opportunity, and from my perspective I would like to publish a 100% technical Buy!
This is the point where you buy in normal trading — the rebound point.
Since the aftereffects of BTCUSD tend to lift BTCJPY as well, I think this pair's rebound point is worth watching.
BTCUSD Daily
■ Analysis Method ① First, determine the breakout point of the current wave. It is around the high at the end of 2013, near 1250.000. Since this is a breakout wave from there, apply Fibonacci retracements from the starting point to the current high.
② Measure the momentum of the wave. The chart is almost formed in a channel. Whether Buy or Sell biases are applied, the chance of a flat sideways range is low, and the chart is formed by continually maintaining small and large channels. From this viewpoint, draw the current trend line and then draw a parallel channel to that trend line. With this perspective, I think you could even enter a short. You can see the chart forming in wave patterns like in the image.

③ Look for rebound points. The halfway retracement of the Fibonacci line drawn in step ① and the point where the trend line support is touched are highly likely rebound points. In the future, regardless of whether it hits a new high or not, if you are thinking to buy at the most favorable point, I would recommend around the 4500.000 level. That’s all, for your reference.

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