Following this pullback, my prediction suggests a further decline with a target at $70,000, marking the first Fibonacci extension level in this sequence. This $70,000 target is particularly significant as it closely aligns with Bitcoin’s previous all-time high of around $69,000, reached in November 2021.
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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.