From the chart, you can see that bitcoin has been creating multiple clear impulses and corrections. We might be in an ABC correction taking us down to the $42K area where we can look for the next impulse up taking us to $75K.
The $42K also has major trend line confluence as well as previous key area AND 61.8% fibonacci! Multiple reasons why it would be the best place to buy!
See links below for other reasons why we are looking at the $42K level.
Goodluck and trade safe!
The $42K also has major trend line confluence as well as previous key area AND 61.8% fibonacci! Multiple reasons why it would be the best place to buy!
See links below for other reasons why we are looking at the $42K level.
Goodluck and trade safe!
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