Bitcoin - $10175 or $9369 - I need a beer
Previously wave 1's fibs retracement range was around the 0.382 mark, we can expect a much larger retracement for wave 3.
Using previous ranges and the fibonacci retracement from the low of wave 2 up to the high of wave 3 the retracement most likely will hit the 0.5 mark or drop further down to the 0.618 fibs.
Using previous ranges and the fibonacci retracement from the low of wave 2 up to the high of wave 3 the retracement most likely will hit the 0.5 mark or drop further down to the 0.618 fibs.
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.