After years of falling dominance Bitcoin is heading into a correction, gradually reclaiming it back. The trend is holding in an ascending channel - this is positive At the moment, there is one more division left - the 5th wave The Fibonacci retracement to the plum is about 50% The target is 57%. Perhaps there is another subdivision lurking at the beginning of the trend - but we will talk about it after this target is reached.
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.