Placing long positions above
12K support level. Fib analysis suggests that the next profit target lies around $22,000 levels. The correction was an expected event due to the extended rally of bitcoin and another upwards movement is expected.
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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.