Over the previous 4 large BTC retracement periods, the average correction was 37%. If this holds true for the next correction and the top for BTC is in at between $11,000 - $11,500, the correction level would fall in the $7,000 - $7,5000 range. Not a prediction, just analyzing current price levels and historical price moves.
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.
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.