BitcoinShort
Short from $450 to OTE long area for April + November boom
Drawing a trend line from the October $85 low to the most recent bottom has yielded good short positions previously. Now we are at that same intersection again. If we consider the last two booms from April and November as one, the 88.6% fib retracement points down to $280 from here.
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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.