1. Parallel channels drawn between key points of bull run tops & bear market bottoms indicate parallel ranges in which BTC has been playing in
2. Fib retracement drawn from 2013 top to the next bottom shows corrections during the next ralley around Fib 2.6 & 4.2 regions Fib levels drawn from 2017 top to the next bottom also show the fib ranges in which BTC has played this time
3. BTC is seen being rejected by the lower level of the blue channel drawn from March'20 bottom & Feb'21 highs
1 + 2 + 3 There is a confluence of a parallel channel line and Fib 2.6 level near the 43k-44k range will it serve as a support for BTC before it retests the blue channel's lower level and go higher?
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