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Fibonacci retracement long term projection $BTC $BTCUSDT $BTCUSD

Fibonacci retracement long term projection BTC BTCUSDT BTCUSD

What if we apply the Fibonacci retracement levels in advance and we adjust the low for the current cycle to the next cycle so that it is the N+1 level.
So the current (N) 0.382 becomes the next (N+1) 0.236. Which give us roughly 120k. I am curious how this plays out.
Note
*gives

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