Once again Bitcoin has met heavy resistance at $50-52K. The chart below isolates a key level of support/resistance between $45-50K. That's close enough to the Fibonacci 61.8% extension level to give the Fib extensions credibility for future moves and targets higher. The level is acting like a magnet, for now, not letting price get too far above or below it. Eventually Bitcoin should break away toward the next higher Fib level at $65-70K. Crypto Basket The table below are our five current recommendations for participating in the Bitcoin phenomenon. Not shown is Bitcoin itself which can be bought via a Bitcoin account, such as Coinbase, Robinhood, or PayPal.
