Bitcoin
Updated

Bitcoin - 50% Retracement

1170
Afternoon traders, I'm bringing you a quick update on BTC on the 1h chart.

Price structure is similar to the previous correction so I expect a pullback to the 50% retracement short term followed by an 8% decline to close off the week.

Enjoy your weekend!
Note
Price is on track for $30,700 today, I'll provide a long term view of BTC shortly.
Note
Short term view for BTC on the 15m chart.

snapshot

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