after the breakout of 65K, the greed increased in the market with new ATH. 65K was 1.6 XA and an important Fibo level. but why the momentum of BITCOIN didn't increase and rejected from 69K. it was because of the 2.24 BC Fibo level. Since Bitcoin is a butterfly, 69K could be a massive resistance and could crash to 25K. but the situation of the pitchforks makes hope that BITCOIN transform into a crab and surges to 2.6 and maybe 3.6 FIBO levels.
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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.