In September, I was able to call the next major target for Bitcoin around 88K by using Fibonacci extensions and using the resistance line was able to determine the time frame for that to happen to be sometime in November. Well, here we are at 88K, but what's next? Using Fibonacci retracement, we have two potential targets: 74k and 69k. Due to high exuberance in the crypto and equities markets, we are set to have a large pullback for the next 3 to 4 weeks. Expect heavy selling over this period.
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