A short update on this possible correction here taking place using the fibonacci levels of the whole move 3100 to 9100 USD.
We get 6800, 6100 and 5300 as the important support levels.
I think it is realistic that it goes to 6100, 6800 seems a bit optimistic for me, and 5300 seems a bit too pessimistic.
But it should play out kinda like this over the next weeks.
Let's see if BTC surprises us again with an upward spike instead.
We get 6800, 6100 and 5300 as the important support levels.
I think it is realistic that it goes to 6100, 6800 seems a bit optimistic for me, and 5300 seems a bit too pessimistic.
But it should play out kinda like this over the next weeks.
Let's see if BTC surprises us again with an upward spike instead.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.