There are two scenarios for this Bitcoin correction - this one is the more bullish, looking for support at the top of this channel (plotted on a linear axis) around $6400, which lines up with 50% fib extension support
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This is the more bearish scenario:
Trade active
Long entry target reached at $6425 - 50% fib support and trendline support
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Getting a little bounce here, let's see if it holds:
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