If we use trend based fib on weekly chart we can see that BTC is bearish!!! I'm very bullish on BTC but this doesn't look very good. The raw price target is right at 16k. I believe that we can pump up but we gotta flip bullish before 37k.
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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.