Today's decline stopped around 23% retracement of bull run on
BTCUSD from $1830 to $4979. It is likely this was just temporary bottom and
BTCUSD will go lower later.
Higher probability targets where correction can end are $3800 which also coincides with bottom of correction we witnessed during August and $3400 that would be around 50% retracement of whole move.
Higher probability targets where correction can end are $3800 which also coincides with bottom of correction we witnessed during August and $3400 that would be around 50% retracement of whole move.
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