Using the fib levels as possible price targets and the fact that the support line still holds (at the moment of publishing) BTC could still have a leg up. However volume has been very low and a failed breakout normally reverses to the other side.
Do check out my bearish scenario as well.
Do check out my bearish scenario as well.
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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.