Bitcoin appears to be forming an expanded flat pattern, with waves A and B already completed. The ongoing C wave, consisting of 5 subwaves, is progressing towards completion. The potential reversal zone is identified using Fibonacci retracement levels.
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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.