According to the diametrical pattern that has formed and is likely to end soon, Bitcoin will head towards a 1-year correction, followed by an upward wave. The correction could reach the 0.618 Fibonacci level of the entire previous uptrend, which is in the range of $50,000 to $54,000.
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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.