Bitcoin, as mentioned, was at the end of the fifth wave and needed a fundamental overhaul
According to Fibonacci estimates, if it fails to cross the support level of 0.618, it will fall at least to its previous floor.
But if it is faced with proper support at 0/618, the first target will move to its last ceiling and then to the last 27/1 wave.
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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.