BTC is still in his cycle. ATM its consolidating at around FIB 0.618 (12555.16). Seems like it'll finds there its new bottom like in the past huge correction in November. This downtrend could be added to the large corrections after hitting the new ATH. After fixing the bottom at FIB 0.618, the next ATH could be at FIB 1.272 (24.899.41)
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