After years of falling dominance Bitcoin is heading into a correction, gradually reclaiming it back.
The trend is holding in an ascending channel - this is positive
At the moment, there is one more division left - the 5th wave
The Fibonacci retracement to the plum is about 50%
The target is 57%.
Perhaps there is another subdivision lurking at the beginning of the trend - but we will talk about it after this target is reached.
The trend is holding in an ascending channel - this is positive
At the moment, there is one more division left - the 5th wave
The Fibonacci retracement to the plum is about 50%
The target is 57%.
Perhaps there is another subdivision lurking at the beginning of the trend - but we will talk about it after this target is reached.
Trade active
Trade active
Trade closed: target reached
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Related publications
Disclaimer
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.