BTC has skyrocketed but what goes up eventually needs to retrace. On the Fibonacci Channel, we see it hitting the top of one at $42k. It has the potential to continue upward to $44k but it's a risky and potentially very fast moving play. If you made, it's not a bad idea to take some profit out and leave a little runner going. Expecting a retracement down to $34k and possibly $28k. If it keeps going, we are now in unknown territory.
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